Yeah, pretty much.
This is the E-II that I have:
https://www.thomann.de/hu/esp_e_ii_h...ertune_blk.htm
It cureently retails for 2555 Euros, which is around 3k USD.
Here's an LP Standard:
https://www.thomann.de/hu/gibson_les...ard_60s_ub.htm
It currently retails for 2333 Euros, which is 2.8k USD.
And here's the official on E-II, from their website:
"Created at the ESP facility in Tokyo, Japan, the ESP E-II Series is our highest-quality factory-produced instrument collection."
Could be a new thing, but as far as I understand, ESP have scramled their lineup yet again, reserved the ESP brand for Custom Shop and artist sig stuff and currently their highest non-CS/artist sig stuff is E-II. So that pretty much makes them comparable: top-of-the-line factory produced instruments retailing in the 3k USD range. But even if for the sake of discussion we don't accept what ESP says and instead say the the E-II is an upper midrange guitar, that would make my previous post even more valid in my eyes: a mid-tier instrument can be built to a flawless standard (and I'm not talking feature and look, that's subjective, I'm talking build quality and materials), whereas legendary brands fail to set up their production lines to make their top stuff impeccable. And this goes for any maker, not just the big G.
And of course I did not overpay, because it's mine and I like it.

I bought it from a guy who bought it new and for some reason sold it off basically unplayed, below 2k. The guy seemed a bit suspect, so I asked ESP to check out the serial and pics and they assured me that it was legit, so I pulled the trigger. The setup vs craftsmanship stuff is well said, I agree fully!