Religious Artifacts

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Have a good look at this picture of a laughing buddha that I took at my local chinese restaurant (the Wing-Wah in Oldbury). My mate said that unless the buddha is made by a buddhist, or from a buddhist region and in one of the five buddhist postures, then it's a fake and is really blasphemous. Is this true?? I have also heard of "incorrect" or "inaccurate" crucifixes... what are these?? Are they really blasphemous. Anymore that you can add to this list???