$120 er so Canadian if my math is right doesn't seem a terrible price for a ready to go seat.I also bolted the grab handle back on, just to see what it looked like. It's set up to have a pillion seat behind it and I guess the handle is for a passenger.
I almost bought another identical seat, unused with the cover etc on it locally but I missed out on it. I might try for a cover some day - you can buy these seats new pretty easily.
I've never even sat on one like that, but it seems to risk being bit in a tender area if not covered or wearing thick pants.