I won't comment on the usefulness of the board, as I'm highly biased. :-)
Just FYI, the Spartan-3 Starter Kit is now bundled with the CPLD Design Kit for $99.
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IMHO, for new FPGA or CPLD users or those new to digital design, this bundle is fairly easy to use. The FPGA board includes easy-to-use asynchronous SRAM.
There is a more advanced board, the Spartan-3E Starter Kit Board, for $149 that includes DDR SDRAM, parallel Flash, SPI serial Flash, etc. However, it is also more difficult to use for new users. This board is primarily targetted to more advanced designs and to embedded processor (i.e. MicroBlaze) applications.
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There are also a variety of Spartan-3/-3E boards provided by third-party companies. Depending on your application needs or interests, one of these boards may include other interfaces or capabilities that you want. Take a look also at the following list, although I'm sure that it does not include all the various vendors.
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--------------------------------- Steven K. Knapp Applications Manager, Xilinx Inc. General Products Division Spartan-3/-3E FPGAs
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--------------------------------- The Spartan(tm)-3 Generation: The World's Lowest-Cost FPGAs.