Oh yeah. That hat is looking good now. And a fraction of the cost of the TH version. Honestly I don't see why anyone would want to spend the xtra $500.00 or so on the TH version unless you just really have to have the brand name. The quality of work is probably the same, if not better from Penman. I say probably because I've never held either product, but I have held a $700.00 Baron hat next to a $250.00 dollar Tim Bender hat, and the Baron weeps in the presence of it.
Just my two bits on how price doesn't always reflect quality. Sometimes just self-importance.