About the electronics...
From the picture, it's hard to tell what the three toggle switches might be doing, but the active electronics are definitely EMG. The little board with the switch is a PA2 preamp/boost and the other circuit is a BTC bass/treble control.
Just a guess...The PA2 might be used as a buffer for the pickups (I've seen this done before), which then feed the active bass/treble.
While the electronics aren't Alembic, it might not sound that bad. It may be a bit bright sounding though (hmmm... maybe two of the three switches are used to address that...).
Oh well, just my 2 cents.
-nate.