If a 1 ton press will meet your needs, I cant see why the $59 HF press won't meet your needs.
I Picked up a three ton Chinese arbor press when Enco had a smoking good deal. I really like it, and found that an arbor press is a really useful tool to have in the shop. I use it a lot more than my 20 ton hydraulic press.
I just used my arbor press to change a U-joint on my jeep. Here is a video.
Disclamer; Normally I would never use a cheater bar, but the gearing on this press almost requires it to get anywhere near 3 ton.
Im never going back to changing them with a hammer again. And
if I ever see a used stand mounted 6 ton Dake arbor press at a smoking deal, Im buying it.
Chris