I have owned my cherry red TH502 for a good few years along with other guitars which cost a lot more. It has become my favourite for a number of reasons. Firstly, it is a great looking guitar. Shape, size, colour and finish are superb. Secondly, it has an amazing set up and is a delight to play. Thirdly, it sounds amazing. Unplugged, every note carries a bell like clarity while,plugged in, it is every bit as good as its much more expensive cousins. I have bought and sold a good few instruments over the years but will never part with my TH502.

The Tanglewood "chuck berry" lookalike does indeed look the part, for under £200 you wont find a better looking copy. All the knobs and bits work fine as long as you dont hammer them. BUT Beware, Make sure you check the neck is sweet and aligned, as a lot of them are out, and this will mean you will get duff sound from your frets near the neck or worse if it is really bad.
One like this could cost anything from £100 to £300 to put right so that it does sound great.
If not sure dont buy, or take someone with you who knows about guitars if buying S/h. Of course if you buy from a dealer you are covered.
Remember the real thing costs thousands, so dont be bamboozled by the looks alone.

cheers
Redhotandrockin.....