Billy, whether this is the distinction that actually applies is doubtful, but "refurbish" implies a superficial correction of items such as scratches or dents, while "recondition" implies any necessary internal repairs or relacement of parts. Note that some speculate that there's so many of these available that in some cases there's no problem at all and this is merely a vehicle for discounting their prices without upsetting full-price dealers.

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Enjoy the music, not the equipment.