Ok, NOW chess is taking stabs!
BTW, I was able to listen to this track at a suitable volume this afternoon and while I see how this supports your stance that you can get somewhat good results with cheap chinese mics, in reality I hear some major issues.
1st: the low end on the guitar is muddy and sometimes distorted. I wouldn't call it warm, though. I think of warm when I can hear the wood of the guitar. The high end is nice, though. I little harsh when the high strings are strummed hard.
2nd: the vocals are a little thin, but that works for acoustic stuff. This mic isn't really intended for vocals but sounds pretty good here. I hear some noise, but it might be my system.
3rd. All this being said i can only imagine what the track MIGHT have sounded like with, say a couple MXL v67s or SP C1s. It might have been even more impressive then, and you'd have more weight behind your statement.
I own alot of chinese mics and it was fine at first. I started modifying each one until NONE are stock mics. They sound much better and I'm glad I did it. The only backdraw is now I've got a taste for what more expensive, better manufactured mics could bring to my sound. Needless to say my days of cheap mics are over.