Pricing Information:
purchased from Ebay for 82.00

Pros:

3/4 size guitar, plays like butter, can do crazy bends, made in America,
great pickups

Cons:

All bridge pieces move together, can't individually intonate
low e string sometimes pulls off the neck at the higher (15 and up)frets

Review:

This guitar plays like butter, very easy to set up, wish I had better control
over the intonation but its very close. The pickups (Peavey Super Ferrite)
single coils are AWESOME, very responsive with my Fender Vibrolux. Great
SRV to Jazzy fat sound. I almost always use my neck p/u. So easy to play
with being 3/4 size. I have just bought 2 Peavey Predators which are the
full size strat copies. Can't wait till I get them. If they are half the
guitar this one is that will be great.

Summary:

Fantastic sound, great playing, even though this is a 1981 model, I got
on Peaveys forum and they answered questions I had about it. A great
USA made instrument at a silly low price. You will not be disappointed.