CFM is everything as far as i'm concerned. More CFM is more ability to do work.
Generally everything else goes up with higher CFM's. More horsepower, larger tanks etc. Only thing that doesn't is PSI which doesn't really matter as much. Most air tools are rated for 90 psi which is why you always see a CFM rating at that psi. Beyond 90 psi, the only thing more pressure does is charge the storage tank with a higher pressure before shutting off the compressor.
The compressor you linked has a 15.33 cfm at 90 psi. To me that is a little on the low side even for a garage/shop. Not to hard to find a tool that uses 13 CFM at 90 psi. which leaves you very little CFM for tank recovery. With that scenario, once the compressor kicks on, it will run for a long time. Real world, you'll probably be using your tools at a higher pressure. Some of them anyway. Take that one annoying air leak into consideration that you haven't fixed yet and now the air compressor just can't get it done.