50's 5 string Kay Student Banjo

Hey BH,

First off just want to say this forum rocks!  I have recently started playing banjo, and the more I play, the more I want to play :).

I currently have a Hondo II Model 85A.  From what I have read on this forum I should be on the lookout for a deering goodtimes banjo as a quality and affordable banjo to learn on that will last a lifetime (don't see me not playing any time soon :)).

Found thison CL: http://denver.craigslist.org/msg/3059416895.html and wondered what the people here @ BH's opinion on it were compared to the Hondo.

Thanks
E