I have a buddy who has a Dillion LP copy, and I thought it played very nicely. Had a sunburst flamed maple top, and a nice inlaid, bound neck. I think he paid around $275 for it on Ebay. Comparable to my own Epi LP - hmmm, tough question. Overall, I think the build quality and overall feel is there with Dillion. The factory p'ups seemed a little flat, though, which is easy enough to change. As most of us already know, these days it doesn't take a boatload of cash to get into a decent axe. At (5) Benjamins, it sounds like a pretty good deal, esp. with the features you've described.