It seems to have a good range of movements and is built like a Swiss watch. I can't say if it is Linhof quality but if they are better then they are amazing.
I owned a Sinar for a number of years and my reason for getting this is it all folds up into a sandwich box size and fits in a small shoulder bag--I can see myself carrying it miles when the Sinar P1 became a chore.
Movements are restricted a little on this model I think (I can't find) front forward tilt is missing which is on the MK VII and later but I actually only use a small amount of movements anyhow.
I recently bought a Fujinon 150mm F6,3 from an auction site Japanese buyer for £68 which was a good deal as it is super clean and small enough to stow in the camera.
The UK customs hit me though as they taxed me on what they thought it was worth rather than the price paid also the added a service charge for collecting the tax which pushed the price to just under £100
Happy with the lens though.
Now all I need is some time to use the thing