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...I have one of the BMZ made ones here, but I think mine is a crit frame, not touring. They are nice riding bicycles, often built up eclectically, because they were sold mostly as frame sets to bike nerds looking to get an Italian bike a little cheaper. In decent shape, and with good chrome, well worth $350. The pricing is usually low because they were a little cheaper originally, and tend to fly under the radar here. And pricing where I live seems to be at an all time low for the better steel frames and bikes.
There's a British sold (possibly Italian built) Butler on the local CL right now for about 400 bucks, which is a steal for that bike. But I don't need another bike.