the cute option. 
My wife had a grey & blue version of that set, pretty much, before I moved in several years ago. They were surprisingly good for cheapo tools.
That purple is UGLY, though.
Re: what to get -
I concur with the previously posted Craftsman tool kit plus additions.
- I'd go with a good flashlight using common batteries - either a multi-AA or multi-D, depending on how big you (or she) want to go. For in-tool-kit storage, the AA would be a better fit.
- Metric AND SAE allen wrenches - you can get flip-out handles with a variety of sizes in both styles for cheap at Sears which take up no more room than a ring of regular allen wrenches and are IME easier to keep track of than loose wrenches or ones on rings (although I see the Craftsman kit has two small sets of loose wrenches - so this would be one I'd drop if necessary for cost).
- Another adjustable wrench (different sized from the one in the kit), and perhaps a moderate assortment of box wrenches (I would drop these for cost consideration, if necessary - you can do almost anything necessary at home with a pair of adjustables that you can with a set of box or crescent wrenches, IME).
- A pipe wrench, probably 12" size.
- A pair of vise-grips.
- Duct tape.
- A small assortment of screws, bolts, nuts, nails (you can frequently get little multi-compartment sets of fasteners and hangers - this would something else you might tell her to get, rather than including in your gift toolkit).
- A pair of channel-locks (how much are those little slip-on covers to keep them from damaging pipes and stuff? Then again, I've gotten along fine without 'em...).
- Precision screwdrivers might not be a bad idea, either - I use mine a lot (tell her to buy some if you need to drop for cost).
- More than anything else, get her leather gloves that fit.
Those, and at least a good bit of the above, and she ought to be able to handle almost any basic household repair. Adjust as necessary for cost, as I know my total there would go over $200 for everything.
If you want to spend more, add a powered screwdriver or drill/driver of some kind, with a bit kit - Black and Decker rechargeable screwdrivers are cheap at Wally World, or you could get a more powerful cordless drill/driver at Home Despot for not too much more (or maybe even at Wally World, come to think of it). Actually, maybe better to go with an actual cordless drill/driver and drill bit set, with an extra battery if you can afford to do so (or just tell her to buy her own).
