they still have spool pins. it doesn't take a lot of metal to make them and they're mass produced, so that makes for a cheap lock. whether or not is has spools wouldn't affect the price.
All truths are easy to understand once they are discovered; the point is to discover them Galileo Galilei
I have a couples of them too and they do have spools pins the last one i got it was so easy to pick even though it has spools pins don't know,why it was so easy to pick just like it if i was picking master #1 or 3.