Its not a 409...
its a damn fine mic, mine I find to be pretty smooth for a dynamic, with kind of a thick top (most likely the mids talking there) and it definately has a certain character and its not good for a lot of things, but when it is, its real nice. Makes for great toms, and can be real great on some dirty guitars too, if you like its sound. It is a colored mic, definately has some personality.
I say, for $100 new now, why not. Add it to the collection. It can create some very thick sounds when mixed in with a second mic (condensor)