The package says that the guitar turns into Laserbeak.
What do you think of this? Is it:
I think you hit the nail on the head. IMO it's all of the above.
Emphasis on "cheesy" and "imaginative" all at the same time. I think it's great that they found a way to include the accessory and make it actually look like G1 Laserbeak at all. If Soundwave's leg joints were a bit tighter he'd be a perfect deluxe figure. Kudos to the designers however for putting so many G1-esque details on him including a chest compartment that folds open in robot mode and "cassette" detailing on his sides.