There is one on EBay, this is a chinese guitar bolt on neck, with what looks like Jack of roses stickers. I saw some JT strats new yesterday for under 100$ the auction is asking 500. No Obel, standard pickups, no buffer or straoblaster. 
http://rover.ebay.com/rover/1/711-53200 ... =824&kw=lg
Looks like a 6-piece body with laminated wood panels on the front and back.
That might not automatically make it a bad guitar but it's very clear that their main goal is to keep costs down. You'd think they'd at least save that for the sunburst ones!
Here's the same guitar but with gold hardware and a pearloid pickguard for $145. This seems to be about the going rate.
http://rover.ebay.com/rover/1/711-53200 ... =824&kw=lg
I hope Karma pays the Alligator Strat guy a visit.
