Yep, it's a welder. It won't build a battleship or anything, but it's pretty good for anything I'd need to do. Once I got everything set up, I decided to take a couple of lengths of scrap rebar and an old washer and make my first project.
It now hangs on my garage wall. Thank You, Lord, for all the blessings You've bestowed upon me. Please help me never to take them for granted.