A secondhand MIJ Tokai would be well within your £500 budget and would be more than a match for the Studio.
I have heard good things about a lot of the MIJ les paul style guitars such as Greco, Burny and Edwards.
It was the made in china Tokai's that I tried, I will keep my eyes open for a MIJ Tokai. I have heard good things about a lot of the MIJ les paul style guitars such as Greco, Burny and Edwards.
If you find something your interested in post it on the Tokai forum's Ebay sightings section and the guys will chime in and tell you all about it and most importantly whether its fake or not.