Yes. Many. The bottom dropped out of that market probably seven or eight years ago, and things are wickedly cheap, and of a surprising quality.
http://www.musiciansfriend.com/drums-percussion/yamaha-gigmaker-5-piece-shell-pack-w-20-bass-drumhttp://www.musiciansfriend.com/drums-percussion/gretsch-drums-catalina-club-3-piece-shell-packhttp://www.musiciansfriend.com/drums-percussion/yamaha-stage-custom-birch-5-piece-shell-pack-with-20-inch-bass-drum/j07120http://www.musiciansfriend.com/drums-percussion/sonor-bop-4-piece-shell-pack/h99498I've played all of these, and owned the Gretsch kit. Right now, I have the Sonor Bop kit, and its sounds killer.
There's probably a bit of a bias against smaller kick drums at a place like ILF, but these kits all have a great build quality, and they record really well. I used to have a kit with a 28" kick I converted from an old marching band bass drum, and it sounded great miked up small venues...but it was impossible to record. Smaller drums are excellent for recording--kinda like how it doesn't always work to lug a Marshall stack into a studio...little tube amps tend to sound as good or better. The analogy holds up with drums.
Some tips if you're looking:
Gretsch, Yamaha, Sonor, Ludwig, Mapex, Premier. They all make great inexpensive lines. Pearl, Tama, DW, OC, even Pacific (or PDP as they're called now, I think) all build good drums, but you've gotta pay to get the good stuff--a cheap Pearl kit is unremarkable in every way (their Export series, for example), so I would avoid. The used market doesn't offer a whole lot in the way of savings. There are always a shit-ton of terrible kits on CL, and rarely anything worth looking at. Lots of beginners just buy a million drums and cymbals because they're in love with looking cool and hitting a ton of shit, even if that shit sounds like...shit.
Hardware is easy. I wouldn't shell out (rim shot) for anything but a quality hi-hat stand and kick pedal, as they're the only things you actually interface with. The rest of the stuff literally just supports objects...I think you can get $20 boom stands that will last forever.
Cymbals are an adventure not unlike pedals, except every single one is tonally different than others of the same make and model. So hang onto good ones when you can get 'em. Those starter packs are not a bad way to go, but most people move on from them pretty quickly. All of the makers have quality stuff; Zildjian, Sabian and Paiste (Pie-stee) are all great. I'd look used for these...just make sure they don't have keyholing (irregular shapes around the center hole--should be perfectly round) or pressure cracks anywhere. Obviously, hi-hats, crash, and ride are essential, but you can always add stuff later on.