yep 50 bucks IF that. Here's my 60dollar Starfire ( after I replaced EVERYTHING on it tuners/pots/pickups/bridge from spare parts it now actually plays fine ) I bought it off of silverspringmusic on ebay. Nothing wrong with the seller as the price dictated the quality.
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Rondo ocassionaly offers a fretless version of this bass http://www.rondomusic.com/wvebblk.html . It is said to be the same as the Epiphone Viola, which costs about twice as much.
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G-K club # 602, Short Scale Bass Club #159,Squier Jaguar SS Bass # 15, Trinity House Mudslinger, OFBPOAC #23