Nope. What you get for ~$300 is shown in the photo above, in post #83, aka the "A-B light box". This is what you need to set static pump timing when installing the pump or or adjusting the timing.

What's pictured in the WIS screen shot is the dynamic RIV tools, which allow measuring pump timing with the engine running. While this is cool, it's also not necessary for 99.44% of the work you'd ever do on the engine. And it will cost about 10x as much. I don't know anyone who has one of these.