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Total noob here. All I know is you tube and musescore. Played horn in high school.
Started out with the mv300. Honestly, this is the best $45 I think you can spend. I may have gotten a better one than others, but it sounds "fair" and takes work to play it, but it does play. (And had I hated the violin I was only out the cost of a dinner out, could donate the violin to a school).
The fit and finishe are horrible, and it took 2 months for it to hold tune. But it did "play in" a bit so that now 3 months in it is not too shabby.
Just got the mv500. (Used on ebay for $75 shipped).
As much as I hate to say it, not the same value as the mv300. Yes, it does sound better, and is easier to play. But its not 3 times the violin as the cheaper one ($45 vs $145 or so new). Does come with a tuner and extra bow. But a tuner is like $5, and 2 only fair bows are as a good as 1 fair bow.
In its defense, the mv500 I have is beautiful, I do love looking at it. A lot!
So, if I were doing it over again:
Buy the Mv200. Value wise nothing is close. If you find you like it, get some better strings for it. Then save all your $$ for a fiddlerman apprentice, as from all my research that is the next step up, and the value is there too.
Hopefully pics and a video/sound file to come.