I owned a Morgan Monroe M-00-TBV "Blues 32" for a while. It was a decent guitar and certainly worth the $150 I paid for it but I sold it in a GASeous moment. I had no issues with the guitar. I have inspected and played a few other MMs and they seemed okay also.
However, I find the Recording King guitars to be a better choice for me.
Morgan Monroe M-00-TBV "Blues 32"