No Barry, when we say "plywood" in reference to these otherwise great MIK set neck Les Paul's... we really mean plywood!
(My El Degas "Let's Play" Les Paul Standard copy)
If you look really closely at the finished edge of some bodies, you may spot the ridges of the plywood in the finish...
(My El Degas "Let's Play" Les Paul Standard copy)
...or if the finish is translucent enough, the actual plys themselves.
(My El Degas "Let's Play" Les Paul Standard copy)
Hey, they're still nice guitars! Some other models in the ED line-up are plywood as well. But just remember as the folks on the boards at Harmony Central always say... Gibson's ES-335 has been made of plywood for years and years and is has been one of the sweetest sounding models they produce.
Now of course as Barry says, plywood and pancake/sandwich bodies are not to be confused. Pancake bodies are actually in-line with what Norlin was doing with guitar construction at the time in the 70's. Here's my El Degas Les Paul Doublecut copy, note the different wood pieces on front and back with a small strip in the centre:
