Guys, I am by no means an expert. I don't own a TC LV and don't envisage ordering one for now. However, as someone who has seen his share of LVs, gens and reps, you need a gen insert to make the watch,
I have a BK WM9 LV with a stock pearl which is really really nice. I bought a gen insert off TRF and it dramatically changed the watch. When I needed funds for something else, I sold the insert and popped back the WM9. The difference was huge. I couldn't take it. As you would expect, I subsequently sourced another BK watch with the gen insert. Side by side, the difference is significant.
Under $1,500... Easy. Watch is around $600, insert $400, crown $100, crystal $200. Still have a couple of bucks left for a gen black insert to swap it out.
Good luck