I think OLP was a good idea.
As we know that ebmm doesn't cover the low price market with their guitars, and OLP was the most suitable solution for those costumer level.
In my opinion, from my experience, OLP was not the competitor of ebmm musicman, and even OLP brought people to the real ebmm.. and it has been proved that OLP owners who afford to buy ebmm still buy an ebmm at the end rather than go on with their OLPs (no matter what they've said about how good their OLP's are).
When i bought my OLP luke (before i purchased my ebmm luke) .. i was directly thinking that finally i played the most comfortable guitar ever made.. and i (and everybody) knew that OLP was trying to copy ebmm musicman.. that why i sold some of my previous guitar and bought an ebmm musicman for me.
The quality
From what i experienced, the sound and the neck of the OLP was the best than any other guitar in it's price range (300-400 $ for a new one), it's even better than my other us made guitars. Those china made pickups on OLP luke were really close in modelling the emg's sounds, the quality is good. Tough the neck is different from ebmm musicman, but it still has the comfort .. really close with the comfort of those ebmm musicman's mystical necks. The other good thing with OLP was it's very nice paint quality, well.. at least they looks very nice.
I agree with hbucker, the OLP needs more set up after we purchase it. The bad think with olp was they made the guitar soo carelessly. and i think they had a very bad quality control in their factory. Imagine you find a new guitar in the store with a tremolo stuck cannot move because the tremolo cavity in the body was routed incorrectly. And you find some frets don't sound on a new guitar.. i think that's just over.. I still bought it because it's comfortableness, and i knew that i really need to set up the guitar immediately after i purchased it.
But i still think OLP is a good idea since it helps people find musicman (well at least me and Heather Anne Peel are two of them), and it also lets low price level custumer to have an opportunity to play a "musicman kind of feel" guitar.
I found a video of france guy reviewing OLP luke and musicman luke.. tough i don't understand france at all.. but the video is still very clear in reviewing both guitar.
[ame="http://www.youtube.com/watch?v=WDDNUgrGpv0"]YouTube - OLP Luke vs MusicMan Luke - Episode 1[/ame]
[ame="http://www.youtube.com/watch?v=20sznNvmaqI"]YouTube - OLP Luke vs MusicMan Luke - Episode 2[/ame]