Yes, the winner of that auction got a great deal, even factoring in a CLA. As Brian said, the Nicca/Yashica YF is more like an M3 as it has 50mm & 90mm parallax-corrected framelines (mine is currently w/DAG for some minor surgery) & is more M-like in size/shape. As you can see, the Nicca 5L (Tower 45 or 46) is a "Barnack"-style Leica copy: it has the M3-style door, which makes loading easier (no leader-trimming needed), & the lever film advance, but still has the separate VF/RF & compact dimensions & shape of the LTM cameras. Bargains like this aside, the 5L's tend to go for almost as much as M3's.