After googling a bit, it looks like an early Diamond Series with the serial and "diamond series" sanded off, different pickups, and a different neck plate.
If it was original and cheap enough, I'd say go for it. Tampered and fucked with, then I'd say no. Schecters are good value, Diamond Series included. A double-humbucker Telecaster like that is one of my dream guitars. I think I like the PT Fastback they released recently the best, with the mini-humbucker/filtertron type in the bridge and the humbucker in the neck. Very nice.
Schecter pickups are apparently great, too. I've been trying to bag a pair of Super Rock's to try out in the Nu-Sonic for ages but they're like fucking rocking horse shit which is fucking stupid because Schecter started out as a replacement parts shop.
I like Schecter. A lot. The PT model has always been a favorite of mine. If you can at least check it out, I'd recommend doing so. The recent Schecter stuff I've played and owned have played like a dream.
Doog wrote:The perfect marriage of Teh Kurdtz and Teh Durstz.