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I've had several wildcats in the past that I found dirt cheap,you're right,they are NOT good sounding units,and they are rather poorly made.
I have absolutely no idea what the big deal is with these on eBay,but it makes absolutely no sense for a wildcat,mustang or mono automatic to bring over $100 while there are trimline 500's that end at $45-$75.
I guess if people are stupid enough to buy the Chinese Crosley record players sold at wal mart a wildcat might seem like a real quality piece of equipment.
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No wonder this circuit failed,it says "made in Japan"!
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