Ever since I bought Canon 50mm f/1.8 lens, I use the kit lens as a paper weight. Why? I don't want to sell this cheap zoom on eBay since the buyer will curse me forever! So, do yourself a favor, DO NOT BUY THIS KIT. Instead, buy the body with 50mm f/1.8 lens and be prepared to be amazed by the quality of pictures (in terms of color rendition, sharpness and contrast) it produces! Don't take a word for it, test it yourself. If you really want to buy a zoom, then save some bucks and go for a better zoom like Canon 28-105mm USM, you will be lot more happier(BTW, my friend has this zoom). I will be upgrading to the USM zoom lens next year.
In a nutshell, if you are not worried about the picture quality, then only buy this kit. Otherwise, go for the body with any of the lenses mentioned above. Wondering why I gave 4 stars? Because, I love the camera body which offers lots of advanced features and produces professional quality pictures with a right lens.