The EG-360 and 380 were the entry level bolt on Les Paul style guitars in the early 1970s, the 420 being superior only in that it had the Jazz Rock pick-ups over the classic Maxon humbucker. A rosewood board until you got to the 480 where you had ebony. After this, we had the solid bodied set necks. May be it's the underdog syndrome, not sure, but we have a huge soft spot for the entry levels. If you're my age, its like preferring to rag the arse off a Peugeot 205GT rather than going backwards through a hedge in a 1.9 GTi. People are paying silly money for set-neck Greco Les Pauls and I don't think we are "cool" enough to be in that gang. We like guitars that surprise us (pleasantly, obviously), and lower order Grecos never fail. They are affordable, they are not vanishingly rare, they are not faked and you are unlikely to be judged for the model number that never appears on the guitar anyway. They are just honest workhorses, the chambered body gives them a special character - more than just a bit of wood.
Most of our EG-360, 380, 420 and 480s go out after a thorough restoration or recommissioning, but occasionally we need to go a bit crazy with one and let it shine in different ways. This black pancake EG-380 is aimed at folk that don't need the Maxon characterful stuff, and want a more faithful Gibson sound. Tony winds pick-ups for Gibsons, he knows every tiny detail about every single pick-up they have ever had. These are his A2 PAFs modelled on '59s; not too hot and all the cream yet capable of barking loud when you need. This being a chambered model, there is a bit more Greco character 
 
Black on black on black with some delicious aged cream binding, it will look as great on the stand in the living room as it will purposeful on stage. Locking tuners are a feature you won't normally find on guitars until you start needing to sell a kidney for - we have them here.
 
A 1974 vintage Fujigen product, locking Gotoh tuners, boutique high end pick-ups, new switch, saddle and bar - this sounds like an awful lot of money. OK, it is more than a generic drop-shipped anonymous sounding Chinese Epiphone, but there is nothing anonymous or generic about this one.