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First off, I'd like to say that the lyre inlay on that tailpiece is seriously awesome! So are those carved pegs. Chinrest I am less sure about. It looks kinda cool, but is it as comfortable to play on as smooth ones?
Second, it is a good rule of thumb to follow not only with violin, but pretty much any stringed instrument. Violin, guitar, dulcimers, pianos, autoharps, harps, anything. If you always take a little tension off the string and then tune it *up* to pitch, you'll save yourself some money on strings over time and have less tuning troubles.
"This young wine may have a lot of tannins now, but in 5 or 10 years it is going to be spectacular, despite the fact that right now it tastes like crude oil. You know this is how it is supposed to taste at this stage of development." ~ Itzhak Perlman