It seems that the Gen 2 of YRG will be out this August at around $288, from the website info.
Some of the better youtube vids show YRG hooked up thru the Sampletank samples that sound very good. There is even a Iphone and Ipad rigging as well.

The forums also said the gen 1 was make in China and they have gone back to California for production of the Gen 2 .
I don't know what firmware version is on the gen 1 at musicians friend but for $140 it might be worth a shot.
BTW it also does Tapping so for a midi controller that goes thru Sampletank and can sound like a 6 string tapping stick, not too shabby.
Wyndham