Yes, one of our members royandreno has 2 Variax guitars. I know that because we talked about it in The Bar a little while back at http://www.synthzone.com/ubbs/Forum35/HTML/000031.html

By the way I was also wary of the Variax because of its price. But Line 6 have just announced a low cost version they are bringing out at around $300. Obviously they must have cut some features to lower the price that much but I'd be much more likely to buy one at that price than I would at $1500.