I will chime in and say that for most HybridZ-ers, MIG is more forgiving and easier to learn for what we are going to be doing, sheetmetal and schassis work.
If you start adding thin aluminum into the equation, then TIC starts looking good.
MIG was developed for the mass production auto industry for body panels. Foir people just starting out, MIG is a great way to get into welding.
I took classes, and I too bought a MM175 - this is one fine machine. I learned on LIncolns in class, but I have heard some bad stories about CS at RED that mad me pick BLUE, and I'm glad I did.
I have finished my rotisserie and am awaiting time and funds for hoisting the beast up and attacking floorpans and subchassis connectors - soome warmer weather wouldn't hurt either....
I will back everyone else who has said to go with a quality product. Even professionals have a hard time with the cheap crap.
For the real beginners worried about burn through on sheet metal, Harris makes a product called "Twenty Guage" that is actually .031", and is a cored wired that you use gas with.
VERY difficult to burn through with it - you really have to be trying.
As far as weld quality goes, MIG and TIG can meet the same standards, but it is a little harder with MIG - you simply can't see it as well because of the gun tip.
I have produced some absolutely beautiful welds (mostly when practicing, of course!) - That stack of dimes can happen with MIG just as it does with TIG, but it requires a lot of experience and practice.
I happen to be fortunate because Warren lives about 8 miles from me and has a TIG, we just tore out his rear suspension arms to put iin camber and toe adjusters on his 280ZXT....Possible to do without removing rear suspension member if you have a right angle dril l- heh heh!