I think Kala have got a lot of things right with this ukulele. They're obviously going after a more serious ukulele player but they're keeping it affordable by using Acacia wood (a close relation of koa and much cheaper) and manufacturing it in China. They've also made a smart move by giving it a slotted headstock to appeal to the Jake Shimabukuro fans.
Kala's Mike Upton demonstrates the KA-ASAC-T Ukulele.
Kala Solid Acacia Tenor Ukulele - $316.95
Construction: Solid Acacia Top, Back & Sides
Tuners: Open Geared
Finish: Light Gloss