As far as the guitar, my opinion is you might consider it as a learning tool, but I personally would not buy it as a main guitar. I wonder what's all running inside the neck? It's probably a pipe full of wires with a woodgrain finish...?
Great for a learning aid, but I wouldn't want to gig one. Then again, I've never used one, so what do I know?
...so ever since then, I always hang on to the buckle.