I know someone who used this same cylinder in a splitter he built last year. His primary goal was to build a splitter as cheaply as possible, and not necessarily build one with components that would be of the highest quality or highest splitting force. This cylinder is definitely inexpensive, however the price does increase significantly with shipping. This cylinder I believe does put out around 8 tons of force at ~2250psi.
I believe a major concern is the size and type of the wood you will be splitting. His splitter does a good job with moderately sized rounds (up to ~12-14") of straight grain wood (i.e. oak) but struggles to split even 12" pieces of green beech down the center. Typically, smaller pieces must be shaved off the sides first (think 1" shingles) before attempting center splits. Forked pieces also present a challenge.
This spring I built a splitter with a 4"x24" cylinder that runs at 3000psi, and the difference between the two units is night and day. I have been splitting 24"-30" rounds down center with no problem regarless of wood type. Of course, the 4" cylinder was $200 more than the cylinder you are asking about. For the increased performance (and perhaps longevity), I don't regret my choice of a larger cylinder.
Another area of concern would be quality and longevity of the cylinder you are asking about. If something failed on this surplus 3" cylinder, repairs may not be possible and most likely not worth the price regardless.
Overall, I would go route of a larger (and perhaps higher quality) cylinder. Just an opinion.