Well the UPS guy showed up today with my KEH graded ugly, Mamiya Sekor 360mm f6.3 lens. I am to say the least pleased with what I got. A couple of small marks on the outside of the lens barrel but nothing bad at all, you pretty much have to search them out. The shutter sounds good (I'll try to shoot some test shots tomorrow), speed and aperture rings feel excellent. The glass, well the glass is the crux of the matter isn't it? The glass looks really really nice. Overall its very clean with just a little dust inside, but nothing that will hurt anything. Why is it an ugly lens you ask. Well thats a good question but I'm guessing its due to the number engraved on the back side of the mount and maybe the sticky labels on the barrel.
Now of course I figure I just got lucky, the next ugly grade lens I buy might look like it lost a battle with a small tank but this time I think I did OK!