check them out..
they're honest ripoffs...lol
matsumoko alembic clones
 
http://cgi.ebay.com/RARE-Matsumoko-Vantage-Handmade-Guitar-Alembic-Clone_W0QQitemZ7393385858QQcategoryZ2384QQssPageNameZWDVWQQrdZ1QQcmdZViewItem

I actually have one of those in Italy. It belonged to  a friend who never asked for it back.
 
It's funny that they bother making it look like  a neck-through, while it's actually a set neck.
 
Not bad for the money.
 
Valentino

I'm actually in the market for a Matsumoku guitar - I really like the electronic options on these 'cheap' gutiars.  The Aria RSX70 or RSX80 is what I'm looking for - check it out, very much an Alembic clone:
 
http://www.matsumoku.org/models/ariaproii/rsx/rsx.html