Yes it does look like a good strong repair, and might keep the price down for someone that isn't bothered by it.
Otherwise its scuffed up and shows some use......things I don't mind at all.
Someone here might want to take a look....I'll pass.
I've yet to venture into the world of Guild solid bodies, but was comfortable with and enjoyed playing my amp guy's S-100 Polara of the same style and vintage the other day.