Peavey Valveking, too good to be true?

I have been looking around on the web trying to get as much imformation as I can about the Valveking series. Looks great, but I have never played one. I believe some of the parts are Chinese made, hence the cheap price, but who cares if it is a quality piece. The amp series has some great reviews. Anyone have any info or opinions about this amp, especially the head model. Wow! 100 watt all tube head for 479.00 brand new! What's the catch?

Catch? The cab's $800. :eek: Just kidding. PRS Playa might know a thing or two. He is an amp conniesour.

I've never played one myself, but have heard some great things about them, and heard some great clips of them. I defanately think they'd be worth checking out.