The points are spliced in. I hit an LE-28 and I thought it hit very dull. The basic thing about Lucasi is that they are made in mass quantities for money, not quality. For the money, you could end up with a great cue, and maybe even a great shaft, but there is a high likelihood you might end up with crap. It is for the kind of player who may want a quality cue, but doesn't have the knowledge to distinguish the difference between true quality and mass produced.
This is a good starter cue in the same range as Fury, Viking, Poison, and low end McDermotts. The next level would be Predator, Joss, Schon, at the top of that category, Mezz.
Custom is the ultimate. You absolutely can't go wrong with something made especially for you, and besides, if anything were to ever go wrong with it, the builder will guarantee it's quality for the life of the cue.
You will be much better off staying away from a Lucasi cause as mama always said, "You never know what you're gonna get."