I've just run over a dozen rolls of 120, both Kodak and Fuji, with the Fuji X-Press kit which I picked up from Process Supplies in London. I processed them with a JOBO CPE-2.
I was very pleased with the results. The four baths are developer, bleach, fix and stabiliser. There is no stop bath, but per Ron Mowrey's recommendations on photo.net, I added a brief wash between the developer and bleach to prolong its usefulness.
You might want to peruse the wealth of material he and Dan Schwartz have contributed to home colour processing on photo.net, particularly in regard to replenishing your chemicals to extend their working life.
But, yes, the Fuji X-Press kit is indeed a very reasonable and high-quality method of doing small runs of C-41 at home.