No, absolutely not. Nothing has ever been as good as the original G Sledgehammers. The McDermotts are good, but not as good. The only thing I've hit that has come close to being in the ballpark is my Leon Sly J/B.
Good luck finding one! I've been trying for quite a while too. I had a friend that had one and he went behind my back and sold it for nothing... like $150. This was even after I told him I wanted it. I wasn't happy and I made sure to tell him that he got really ripped off. I would have given him $500 for it. He wasn't happy but when you're an idiot... you're not going to be happy a lot!