ePhotoPhotography Studio Continuous Lighting Umbrella Kit + Free 45 Watts 5500k Fluorescent Photo Lamp Bulb by ePhoto INC Dk1

Would this be good to light a basement to paint furniture?

Is this pretty good lighting for indoor? Or am I better off buying a stand up light at walmart with 3 bulbs? I mainly need it for indoors to do makeup

can I use this to show makeup tutorials on youtube

Can this be used in a more compact manner? That is, can you use the stand without fully extending it as shown?