Some of the bikes Carpy does appear to be ground-up, frame-off, meticulous builds, such as the ones he has commisioned. And apparantly, others he just kind of cleans them up, gets them running pretty good does a garage cafe job out of them and sells them on eBay to make a quick buck. This appears to be obne of the latter.
In my opinion some of his bikes look very well done and very tastefull, but some others he uses way too many gimmicks such as Cafe, Ace, and checkerboard stickers, etc...
The guy is talented and is capable of making a great bike, but they are not all well build, frame-off customs. Many on this forum have built just as nice or nicer bikes.