Is he cheap though? Just looking at the in stock Elwood's. They bounce between €1160 and around €1500. You can get a Sandberg California TT passive for the same money. I know which way I would go.
Slightly off topic and slightly irrational I know, but the 'From Player to Player' thing on the headstock has always seemed a bit naff to me. I believe there are examples without it, may even be an option to not have it for all I know, but it's put me off buying used ones that do bear that phrase. (apologies to anyone who has one - it's just not for me).