Looking it from another angle, one could begrudgingly respect the seller, Hitman, for his massive cojones in charging this much. Not being funny, I've had experience in store of people not wanting to pay £300 for a TK made G1+, arrow straight grains cannon etc etc, so to get someone to pay this much for what is essentially firewood is pretty impressive in one sense!
I think the distinction a lot of people are making is yes, this bat may be an absolute weapon, and ultimately looks are a bit of a vanity thing (I'm up there with the worst for this!), and so the buyer may be very happy with his stick. HOWEVER, I think what a lot of people are saying is that no matter how good this weapon is, you could have got one just as good for a lot cheaper. It may be a very good bat, but it certainly isn't good value for money!