I've seen all the rave reviews, and also heard the cons. I ordered one, well aware that this is a budget model. It really is much value for the money. Finish is impeccable, the fret board is beautiful, and the frets are mostly well done, but there are a fret or too in the 14-16 area that frets out if I lower the action to where I would prefer it.
Hovewer a few issues: The nut was one of the worst I've encountered. It was so tightly and deeply cut that it was impossible to keep the guitar in tune in the stock condition. Luckily I do have some nut slot files, so I've remedied this.
The bridge is very versatile and intonable, but doesn't allow for very low action, as it is very tall. And I can see how the saddles are sharp/prodruding higher than neccessary. So I've ordered a replacement bridge. The guitar came with the bridge adjusted very far back so it tilted quite a bit, but I have adjusted this. The bridge studs are very tight, making them hard to adjust even with a big screw driver.
Regarding the pickup, I had heard it was mounted very low, contributing probably to the very tele-like sound more than a traditional P-90 sound. So I will probably change it and buy some shims. I tried making a shim from plexi, but it cracked so... will probably just order something.
All in all the guitar feels like it's worth upgrading, but do not expect perfection regarding setup.