i would say that its not that great of a deal but you might find a used guitar that is higher quality for the same money and it might be worth putting a little time and money into it then... i play
acoustic guitar but when i wanted to go with a solid body i built a Saga guitar kit that rocks hard enough for me! and it was like $130 bucks time i put the good tuners on it... have you checked out some of those cheap LP copies that the guys like so much? i think the brand is Rondo or something like that....