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I do agree they are very important. And of course a plane with full logs is always preferable.

Full logs are a HUGE VALUE (read: part of the price) of a plane.
With out the last 2 years of the logs how do you know it's
only got 50 hrs SMOH? and if the MOH was done more than 2 years ago...
Only 50 hrs in more than 2 years time
is not a real good thing to do to an engine.

Just my opinion for what it's worth.
Ron