I think it's difficult to make judgements on the construction quality with those pics, particularly the last one. I have a few TF shoes and they're okay, a bit fashion forward and you pay a bit for the name but otherwise construction is decent.
The last pic makes it look like the shoe is falling apart, but it might have something to do with the flash on the camera I used. I took another look at the inside and there is nothing like the deterioration as seen in the pic. Odd.
Paid $500 (marked down 50% from $1000). They had a few left at the Madison Ave store (also some boots).
These are my first oxfords with such an elongated last; how much space should there typically be in the toe box? I ask because feet obviously don't become narrow as they hit the end of the shoe (i.e. an elongated last doesn't mimic the shape of the foot).
As I mentioned before, there is no fraying visible to the naked eye (the inside has a suede like texture, so there is some 'shlubiness', but not deterioration). I think the flash did something with the contrast.
On a side note, the boutique isn't bad but the SAs are hit and miss. One was very distant (I guess he didn't think I would buy anything) wheras another one was friendly.
Shirts are half off as well ($260) but only a few sale suits and SCs left.
$500 is fair price. I don't think there is a set rule on how much toe box space should be left, it's totally up to how you like it. I personally would not want a last that is too elongated which would end up looking like a pair of clown shoes. If you think they look abnormally long, just return them if you're not 100% happy.