It's great if you're satisfied with your Republic, but I have yet to hear one that is truly comparable to a National.
I've been playing Nationals for a long time and have had nine vintage Nationals pass through my hands (I still own a '29 wood bodied Triolian, a '31 Triolian, a '36 Style O, and a '30 Triolian mandolin).
Not sure what you mean by "wank value"...but having played my share of modern National Reso-Phonic guitars, I don't think that Republic's copies compare favorably in terms of sound or playability, either.
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