The fakes are bad, except...
In my experience with fake Shures -I have almost them all-, I would say:
-SM58: they have "fixed" all the differences: gold contacts, better bag,... but still sounds very narrow, has poor feedback rejection and needs lots of gain, a karaoke microphone at best...
-SM57: Almost the same as 58, but even worse sound, very poor. Very little signal for an amount of gain
-Beta 57: Better than the SM fakes, but still very lighter, worse foam inside, poor bag, and sonically a bit better, but much still a lot of feedback
-Beta 87: Not a bad DYNAMIC at all, it came with an XLR to mono jack cable... Still sounds better than the SM58 to me, but very far from the Shure model.
-Beta 58: Absolutely another case here: mine sounds almost identical to the real one, has the same weight, color, bag, the name on the body is not just a sticker,... Very strange to me that this model is so different from the others. I dare to think this one is made on the same factory as the real ones, but of course I don't know...
And why do I - you're perhaps asking yourself- know so many fakes? well, the first ones were bought on eBay with all my innocence for small live venues or conferences, the last ones came just from insane curiosity, bought from a Chinese site at a suspiciously cheap price; and my advice is: STAY AWAY from them, not just because they are probably making Shure a lot of pain, I guess, but cause they are simply bad microphones, it's better to buy cheap but legal brands with some warranty and fair commerce. I do own a lot of real Shures and love them all. I don't want such a brand to dissapear under the Chinese absence of ethics and commercial fairplay. I will never buy another suspicious mic just because it seems funny to me.
Although this Beta58...