Nozac in name only?
Certainly not a reproduction of the original Nozac design (Nozac, by the way, was a play on the term No Sac), and a pretty significant departure from the previous iteration of the Nozac that I own (purchased three-ish years back). That said, if this pen's design/shape appeals to you, my recommendation would be a BUY, and especially at this reasonable price.
I have several Conklins, most purchased in the $80-$120 range. They are all nice pens, and among my favorites overall. You can find more expensive pens (and maybe better looking pens), but not many that are as enjoyable to use and write with. The fact that they don't cost an arm and leg only adds to the pleasure.