I was debating getting the PS120 but ultimately went with the PS60 as it was half the price. For its price point the PS60's quality, both in terms of sound and build, is leagues above the Epiphone I had previously. It required no setting up out of the box beyond tuning, no truss rod adjusting, and there was no fret buzz as there was with the Epiphone out of the box.
There are some minor cosmetic issues that one would accept given the price point; there are two very minor imperfections in the binding for instance, and the mirror pickguard had a small scratch on it, but for the price point you really can't go wrong. Certainly the best guitar I've played in the general price range.
The tones are quite varied given there only being one tone switch (as opposed to the two found on a Les Paul, for example) and running it through a BOSS Katana the sound is incredible.
All in all very pleased with my purchase.