'79 precision on the 'bay

[alstocko]

Here's the link: http://www.ebay.co.uk/itm/1979-Vintage-Fender-USA-Precision-P-Bass-Maple-Neck-Dimarzio-/180859002632?pt=Guitar&hash=item2a1c095f08

Apart from the mods, can anyone see anything wrong with this? I like the look of it and would be willing to pay the postage to get it here.
Do you guys see any reason why it's that cheap?

Cheers

[KiOgon]

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