I bought mine for this price about 3 or 4 years ago. I think they retail for $150 still.
You are right. It is a $20 savings. All laminate guitar, not nearly as good as the Washburn deals posted recently, but still a decent value for a campfire guitar to keep in your trunk. But then again, I would probably buy a used guitar for that purpose. The good thing about laminate is that it is less sensitive to humidity and temperature changes.
Anyway, it is these kinds of deals that have kept me from posting many deal from MF lately.