That vise will do the job, but I would save your money and get a better quality setup. The real question is, do you want to spend a lot of time tying (versus 1-2 times a month/year)? Do you really want to learn to tie tube flies? If yes, you are going to need something else. Tons of options, but for tubes specifically I would ask your local fly shop for recommendations on brands to look at or hit the websites of a few name brand vises to see if they offer a tube conversion kit/jaw.
The extra money you spend will get you a vise that has a lot more fine adjsutments, a pedestal (unless you really want a C-Clamp), and a WAY better jaw. I started out with a vise similar to the one in your picture and I regret it...total piece of junk, and the jaws were scarred/dented after about a year of tying. On top of that, the hook fell out all the time because the locking mechanism was garbage.
For SRC flies, I would start out basic - think clouser minnows, even if you are doing tubes. Chartruese/white, pink/white, also do some brown/yellow or brown/olive. Also not a bad idea to tie in a grizzly hackle down each side to mimic the lateral line (like really thin dry fly hackle). 1-1.5 inch patterns, keep them pretty sparse. The baitfish you see will be about this size.