If I'm remembering right (from some obscure googe-ling once upon a time) Kabuki started off as a Danish marque with bonded lugged aluminum. I think they had a higher end model "Submariner" that was of better quality stainless steel.
I have the aluminum one permenantly wired in Christmas lights sitting out in the back yard waiting for December. It has a nice headbadge. I think I paid $10 at the thrift store thinking I would make fixed gear. Never did.
The marque faded into obscurity shuttling between companies- Bridgestone being one of them. The Craigslist bike is most likely not a Submariner.
Spend your money somewhere else unless you just like the way Kabuki sounds and rolls off the tongue.
Back in school we used the term kabuki for, well, I'll let you guess... .