Unfortunately, yes, the seller's desription was terribly inaccurate. No ifs or buts, this is a $500 telescope. The PH corrector is worth more (now coming to me too). Heck, I paid Steve less for your former prime example than Stuart paid for this hum-dinger.
I'll do some refinishing (I'll paint it turd-brown just for Stuart...nah, just kidding) then you can teach me the fine art of precise collimation. f/4 is definitely not my comfort zone