Gretsch Electromatic G5122DC - the cheap one - anyone have any experience?

[big jilm]

I can get one of these for under 400 bucks, and I actually like the feel of it. It's a cheapie, but it has a Bigsby (the cheap one) and I really want to mess with one. What do y'all think? Is it a decent guitar? Is it well built at all? Pickups and tuners can be replaced as time goes on, but the neck and body of course can't... help me out here!