It looks very fake, and its not a beauty.
I dont think we need perfect repros of anything. It encourages fraud and many people just dont want to own reproductions of anything.
People can do whatever they want to their own property, but I really think applying a new repro label would devalue a game.
http://www.ebay.com/itm/Wild-Guns-Sn...item419a05de9b
Looks like the seller bought and used one of these, and he failed to cut the label to the correct size. Then he went and put the game up for sale for 280$.