It does if all you can afford is $850!

Don't forget, after the 100 styles in ROM, there is software to convert SMF's into styles. If you have good latin SMF's, you can have good styles...

I don't listen to enough contemporary latin music to know if they are good or bad (other than the Ska was terrible!), but they are getting pretty wide distribution, so you ought to be able to find one to audition, soon.

Personally, I think a sub-$1000 arranger is PERFECT for much of Latin America, where the penny gets pinched a little tighter than the wealthy retirees who post here!
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An arranger is just a tool. What matters is what you build with it..!