Well, I've owned both and I would have to side with the Wolfie. These are purely personal reasons of course, but I just found the Peavey had more character. I also liked the neck better than the EB. The Wolfie is really well made, feels great, plays great, and is generally less expensive than the EB. Both are high quality guitars, but of the two, I am considering another Wolfie.
Hope that helps....
