I had ordered one of these too, back in February, and it was backordered for a full 3 months. It finally arrived 2 weeks ago, and I am well pleased with it.
I got the Les Paul style. (I posted a picture in the Uke p*** thread)
Not meaning to steal anyone's thunder, but here's my mini-review:
The Good, The Bad, and The Ugly:
The Good
Astonishingly playable! The action is unbelievably low. (as in, you probably can't slide a business card between the strings and the first fret wire, and there is no buzz whatsoever)
I'm able to play arpeggios by merely TOUCHING the strings. No acoustic is as easy to play as this electric!
It actually sounds GREAT! Not like a ukulele though--Just like a little electric guitar, as you'd expect.
The first thing I did after unboxing was to replace the lousy stock strings with a set of D'Addarios (the gauges recommended by Risa work great)--after that, this thing sounded GREAT right away.
The quilt maple body with high gloss sunburst finish looks beautiful. Flawless, really. The exotic wood added a few bucks to the price, but it was still less than $150.
The chrome bridge hardware is nice, and has separately adjustable saddles for each string (though see the "UGLY" section for the other side of this coin)
The frets seem smooth and even, and I detect no significant intonation problems, though I have no doubt that it would benefit from a full setup.
The pickups are height-adjustable.
The Bad (or at least Not So Good)
The tuners look nice (closed-gear chrome), but they are crude and loose. They WORK just fine, and hold their tuning acceptably well, but these ain't no Grovers.
The two pickups are single-coil, and they hum, plenty. No surprise though. What did surprise me: if you use a DI box with Ground Lift, the pickups might start picking up local RADIO STATIONS! Mine did. Engaging the ground (earth) solved this pretty quickly though.
As mentioned earlier, the stock strings are poor. Replace them with your favorite electric guitar strings. Google search for correct gauges (I'd list them, but they're not close at hand at the moment)
The pots (volume and tone) and the pickup switch, while seemingly rugged enough, are 'scratchy' sounding, so it gives a cheap feel, though they DO work. The tone pot is very non-linear in its response, so you don't get a smooth transition between bass and treble. I'm sure these could be replaced, but is it worth the bother? I'm not so sure.
...and The Ugly (though not a deal-breaker)
The bridge assembly was mounted sloppily--a few millimeters crooked, and a few millimeters off-center, but thankfully this does not ruin the playability. Unfortunately, it does cause the string courses to not be perfectly centered on the fretboard--they are offset a bit to one side (biased toward the G string), but this does not seem to cause problems, per se. It just looks awkward.
VERDICT:
I gotta say, I still fully intend to buy a Risa as soon as I can afford one (the quality and dual humbuckers are very appealing), but this Vorson is WELL WORTH the sub-$150 price tag.
If you have ANY inclination to try a solid-body electric uke, without much commitment, this is a way to try it out, while keeping the stakes low.
PRO-TIP:
If you are the avant/experimental type, you're probably gonna love this.
If you already possess guitar effects pedals, you're DEFINITELY gonna love this.
I have an Eventide H7600 Effects Processor, and this cheap little uke sounds AMAZING through it. Seriously.
I'll post sound samples if anyone's interested.