I think the head is OK but it's super hard to tell...it could just be the handle is bad and is going into the head at an angle. Considering the grain of the handle I guess it could have other issues.
I'm going to sharpen it anyhow (I'm this far right) and then call Snow & Nealley on Monday to see what they say. If I could get them to send me a replacement handle it would be worth it to rehandle it instead of paying to ship it across 2 countries to the East coast.