Depends who it's for.
If it's for someone whose going to play once in a blue moon it's a step up from the normal rubbish house cues but if it's for someone who wants to play regular forget it you'd be better off using house cues and saving your money for a decent cue.(£120 / $200 at least for a new one)
Peradon can and do make good cues but unless you have one tailor made they are all lacqured. The ideal finish is an oiled cue which wont get anywhere near as sticky so even with their better cues you'd best buy some oil such as raw linseed oil and half a dozen grades of sandpaper and spend an hour refinishing it.
Then theres the machine spliced v hand spliced make up. Machine spliced cues are far cheaper to make and as such the cue makers never use their best woods.
And then theres the centre joint. Popular once like Gary Glitter, today there are as many folks using them as there are employers offering him a job in a nursey school.
Having said that though no cue will improve your game but a cue can and should last a lifetime so it makes sense to buy one that is made of quality materials, looks and feel nice and is the right spec for you.