It's a real swirl, but not done by ATD.
There were two kinds of UVMC's that came from Ibanez: *ATD's swirls, and the Japanese swirls. *
The Jap. ones are those that we call "MKR's" (Mustard-Ketsup-Relish). *They have a lot of yellow in them, and tend to look like you just twisted off the top of a McDonalds hamburger. *Jemsite.com Forum Member Dennis Secord coined the phrase back in 1998 (I think that was the year...someone remind me)
The ATD swirls generally have better color and swirl "action".
On a Ten Scale, I give it a 6. *It's just not my style.
Remember: *due to the nature of the swirls, how good they look is EXTREMELY subjective.
I'm with Scott on the price too...no more than $1500. *But that's just me.
I've really only liked one swirl, and damn Rich won't sell it to me :-).