Just to point out a few things here. It is made from "Indonesian mahogany" which of course isn't mahogany at all, it is a fast growing plantation timber that resembles mahogany and is used on a lot of Korean and Chinese guitars, it is NOT the same mahogany or wood that Gibsons or other higher end manufacturers use and for that price you could buy a Beautiful Tokai {made in Japan}335 for instance, which would be a far superior guitar.
http://www.google.com.au/images?hl=en&q=tokai%20es%20145&um=1&ie=UTF-8&source=og&sa=N&tab=wi&biw=1280&bih=866Some pics of the Tokai 335. If you are after a seriously good guitar for a great price , look into Japanese guitars, i have 2 Tokai Les Pauls that cost me a grand total of just under 2 grand {Aussie dollars} and both are as good as custom shop Gibson's, they are both Honduras mahogany {same as the 50's LP's} and have the same hardware of the high end Gibsons, i will never sell these guitars.
Companies to search for guitars in Japan are..Bacchus, Burny, Greco, Tokai, ESP, There are many more and most of the guitars these guys produce are absolutely gorgeous and very well made, there is a lot more pride put into making guitars in Japan and they build some beauties. I was a Gibson man for a long time until i was told about these oriental beauties, i now own NO Gibsons and 8 Japanese guitars, they are all keepers and i am yet to buy a dud.... and i have bought all mine online without being able to play them first....
Mick