Hi, Gerard -
If you bought one at the 2003 Festival for under $40 it must have been the currently produced version from MPI. When I was at the 2002 festival in Anaheim, I was told by MPI that the music box would never be offered again, and so when the Festival organizers offered a few pristine "originals" (produced in 1996) for $100 (or $150, I can't remember), I decided to buy it. I'm not disappointed, although I could have kicked myself that I didn't buy one from the MPI catalogue just two years previously for $36 or whatever the price was -- I thought that was too much money. I also blithely assumed that it would "always be available."
I hadn't heard about some of them being cracked - fortunately mine is perfect and had never been assembled, and the box was also "mint."
I have mine on my bookcase now, whereas my Barnabas ring sits in its small box in an "armoire" (a word I learned from DS!).
When you play yours, does the melody sound faster (and in a higher register) than it sounded on the show?
I wish I could also hear the original Josette's theme again (yes, there were two different versions of the music issuing forth from Josette's music box!). I've completely forgotten what it sounds like, but remember it as quite lovely, too.