You forgot half of it.
The PB-503 (I had one) has switchable TTL/CMOS inputs/outputs, debounced switches, two dual rail adjustable power supplies @ 500mA, fixed 5v supply @ 1A, XR2206 based function generator.
Also it's got a breadboard that isn't complete crap.
You can't replace it with that pile of bits, nor can you complete LTAOE with that pile of bits (I have the hardcopy here of both the 1e Lab manual and 3e of it)
I've got a PB-203A I paid ~ £30 for here in the UK, refurbished it and it's MUCH better than any crap Adafruit sells.