just got mine in the mail today,!
I bought one because up at school, like 4-5 of my fraternity brothers have them. My roommate last term had a tenor and for a while, I played it more than he did!
I just got a Mele Student Tenor for like $150, the same model as my roommate's, and it sounds great for the price.
Now all I have to do is really learn how to jam it out...
and pick up a chromatic tuner, because they really do sound crappy when it goes out of tune...
If i like this, i might upgrade to a 6 string in a few years