I use something similar to this to record demos (Right now I'm a one man project. I do the Bass, Guitar, Drums and vocal parts.) Its not exactly like a drum set (When I was in a 2 man project I played Rhythm guitar and an acoustic set)
The pads do have bounce to them so you can do snare/tom rolls, Blast beats and what have you. But I'd only recommend replacing the kick foot switch with a drum tower pad and a real kick or double kick pedal.
It's not perfect but you'll get some experience with the drums and be able to work out interesting patterns.