The Takamine Lawsuit guitars are actually not bad guitars in context to the time in which they were designed and manufactured. Over the years I've played a number of them that were based on Guilds and Martins.
Valleyguy has a very nice copy of a vintage D 12-28. What's cool is that not only is the guitar an exact replica of a Martin down to the headstock shape, but they even used the same font/script spelling out "Takamine". But instead of "Est. 1833" per the original Nazareth, PA instrument, it reads "Est. 1968.." You have to admire that sense of humor, which at the time was limited to when they, the Japanese, tried to export Honda 600 micromini cars to the US. In a sea of 1972 Buicks, it was a not the marketing success they were looking for.
One can only imagine the dozens of wonderful (and now quite valuable) vintage D28s, F50s and a number of other models, that were systematically broken down to parts to be measured, weighed and copied.
We have to assume that the person trying to sell this particular guitar has been on some strong, physician prescribed anti-psychotic medication, and for reasons known only to them, has discontinued the regime. It's gotta be the only rationale for the asking price....right?......er...right?
David