Replica and reissue are synonims. For $150 I'd say take it. It's a rare guitar and the truest reissue of Hornet, including tremolo which suck balls from what I know. But guitar is playable other than that. Not my personal experience but, there were a good review about it on youtube. They were briefly produced, starting in 2008 or 2009, for a couple of years under the name Deadon. Body is made of poplar, at least it was said so while they were available on Thomann.de
I remember seeing some video with that indie band Vaccines and one of the guitarists played green Deadon.
I just sent the seller a message - not to haggle, but to see if he'd be willing to meet a little bit closer. He lives off of I-95, which is presently a parking lot.
They were selling bad not because they were bad guitars, they were issued almost 10 years ago and there was very limited demand for Danelectros/Silvertones back then. 8 out of 10 guitarists that were coming to the shops were either in some way or other metalheads or people who looked for the "tonewoods" and made of plywood $200 Chinese guitars from Danelectro (most of guitarists didn't even know the history of the brand) was the last thing that could sound good in their opinion.
I agree on the part that it is stupid to ask so much for them now, but partly it's because current production Danelectros cost about $400 new which is also ridiculous.
Yeah I really wanted one in yellow back then but the boycott was more recent and I'd have felt bad about it. In hindsight I should have just bought it once it hit clearance. Not like the store was going to restock at that point.
Posted in the other thread but they're awesome, I got mine second hand but I'm glad I have it they weigh nothing and sound pretty huge. They're worth it if set up right.