I have a peavey 2x15 cabinet. I dont think the tolex is ripped, structurally it is sound and the speakers dont make any strange sounds. Very nice vintage sound for cheap. Has casters on the bottom, which is nice, because this thing is heavy. $150 picked up. Its at my jam space right now, so i dont have pics of it, but it looks like this. These are great cabs, but i just bought a schroeder 1212L, which is taking the place of this one.
I dont have the peavey logo on anymore, but i have it somewhere if you want it.