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I have an ETX-105, but not a PE. An ETX is seldom recommended as a first scope, but it was my first scope (well, sort of) and I'm still here. And even though I have other scopes, I still use it and I would still be a bit sad to part with it.
Some people do miraculous things, but it isn't a serious imaging scope. I like it because it tracks, which is very nice if you have lots of people sharing the one scope at a star party. It is also my preferred scope for sketching at the eyepiece, especially the moon. Good also for gas giants and double stars, and the sun with an appropriate filter.
But if I was going through the process again and looking at the 125PE, I would look at the equivalent Celestron SE scope, maybe the six inch, and mainly because you can rebalance more easily (for imaging), and because you can swap OTAs (PST, short tube refractor...). I picked one up in a shop and was surprised how light but sturdy it felt. But then, I'm a junky. (Also, no question, a smaller aperture limits what you look at.)
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