It is a Valley Arts Custom Pro USA VA02244 and most interestingly was the last USA Valley Arts sold when the store in the valley closed (late 1996). It was definitely built to be the show piece for the store and I came back to look at it 3 times the day I bought it alone - 'cause it wasn't even cheap the last week of the store. It was the last guitar from the Valley Arts store, unless in the last few days they found another, but I did keep coming back. I'm a gear addict.

I think I remember the store being on Coldwater Canyon close to Vanowen. Such good times. I still have a little hang tag that was on it but I can't find the receipt - I think I put it in a scrap book instead of the case.
It looks like the ones that Lukathur actually played, lots of figure to the maple, etc. The figure on this really shows when you compare it to the other Lukathur and Custom Pros.
I wish I could tell you about a tour of Asia opening for Toto and playing this guitar, but the story is that a collector on a huge GAS binge had to visit the Valley Arts store, and I found a beauty. I had just went from paycheck-to-paycheck, to being comfortable, and had just moved from Virginia to Woodland Hills. I was in heaven. If I knew then that Yngwie and Doug Marks also lived nearby I would have been thrilled - didn't find that out until 20 years later.

There is nothing bad I can say about this guitar. It's even light weight. Ok maybe one bad thing. I've never played it, it's lived in the case for 27 years, apparently the plating on the Schaller and the control knobs included some real gold and they have tarnished over the years. I wouldn't change them but some folks might not care for that look.
Oh and I don't know if this is true of all Valley Arts but the tuning pegs weren't custom made for VA. They are standard Schallers that have then been hand engraved on a pantograph. You don't get more custom shop than that.