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The series is the "Hybrid" series, the original one from a few years ago - there's a new "Hybrid II" series out so a lot of places are discounting the old ones. They're GREAT guitars! The bodies, necks and hardware are all Japanese. The pickups and electronics are are American, and they're spec'ed to be modern American (like 9.5 fretboard radius instead of the 7.25 radius that Japan usually uses). They're basically Japanese guitars made for an American audience.
The strat I got was $1500 (Canadian, just under $1200 US), marked down to $1200 for clearance and then marked down to $900 because it had a tiny (when I can load pics I'll show you, but it's really small!) ding on it. It cost me another $200 for shipping, import fees etc so all in it was $1100 (Canadian, $865 US).
The JM that I got was from the same series - so Japanese body, neck & hardware, US pickups and electronics. That one I got from a store that deal in US currency and I paid $1020 US for it, with free shipping. I'll still have to pay the broker fee ($40 Canadian) and the import fee (5% of the Canadian value, so about $65 CND). It's still in shipping and hasn't arrived yet, but this one is going to cost me a little over $1400 CND with all the fees etc (about $1100 US).