I'd take the older craftsman, even a bit rough, over that 11 drawer unit at HF. I tried to convince myself to buy it a few times over the years at $149 or maybe even $129, since that was all I could afford. Each time I went in and messed with the display model I remembered why I didn't buy it the last time.
If you keep watching long enough, I think you'll be able to get something similar to that craftsman set for around $100. Could take a while though. Watch your local CL closely and you'll find a great deal.
If you can't swing the 26" HF, don't pay above $150 for that Craftsman and definitely don't pay $199 for the HF 11 drawer.