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"The item is absolutely brand new. I bought it just before they stopped production. This particular unit is one of the latest being produced. The serial number is 1127. It features the latest stable firmware release Version 3.1.
To know more about the P3 and to download later beta versions of the firmware you can visit: http://www.sequentix.com/sq_p3.htm.
This particular unit has been professionally assembled by Sequentix. Right now it has wooden sides installed, making it a "Desktop" version. However by removing a couple of screws you have the option of installing rack mount ears (included) if needs be."
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