After reading all the replies here, I think I'm going to go with bbarsh.
My thinking is thus. If I received a three-hole punched Tsojconth would I be satisfied with it, or would I still be on the lookout for a better one? And the answer is the latter. I would still have it on my want list, so what use is it to have a version that is so defective that I wouldn't be satisfied with it? As bbarsh said, it might as well have been torn in half.
An old price sticker I could live with. A stray pencil mark or a lightly written price in pencil, I could live with. But a three-hole punch means a part of the module is missing and that I just couldn't abide.
Oh well, thanks for everyone's input.