As far as defending the Ric brand goes, I rather admire it; keeping production in that same factory, piecewise improvements of the design & manufacture over half a century of production; it's a lot better than the wild-west of Fender basses, where you don't know if that you are getting is genuine, there are fake transfers everywhere, and some brands even produce fake Fenders.
However, producing their own treble bezel is at best a bit hypocritical, I would say.