I can't believe that someone would approve this for a production product, let alone sell it for $80! I have prototypes that look cleaner than this.
Yeah this looks like standard Chinese chopshop quality not much different from the Sony products in the 70's I must say.
As long as the ic under the blob is still ok, this should be an easy repair, I have seen much worse when half of the components were soldered together above the pcb

Concerning the price, my guess is that the chinese chopshop received $10 for it, the shipper another $5, the importer $20 and the seller took the rest, so don't blame the chinese chopshop to make this product for $10 but the american enterpreneur (aka scam artist) that took the most of your money
