I disagree with Dave. Made in Mexico Fenders can be a nice bargain. I've done away with all of my American made Strats and only have the MIM's now.
Epiphones, IMHO, have come a long way. I have a Sheraton II that plays as well as it's Gibson ES-335 counterpart at 25% of the cost.
Laser, since it's a Squier it already has the huge humbucker routing under the pickguard. Just get a new humbucker and pickguard and drop it in. Probably ~$200 or less.
disagree? you bet your booty.
the wood in the body, position of the neck, wood and machine parts of the neck <AHEM>truss rod<AHEM> and many other parts are so inferior I can't even believe they put their name on those products. I've seen truss rods literally snap just setting the initial action, and forget getting a real luthier to set it for you, they will not even bother.
if any of you don't know how to set your action don't bother trying on a mexi-strat... a mexi-tele fuggedaboutit. you think the 12th-14th fret buzz is bad bending a high E on a quality tele?
I'd pay money to see a mexi-strat set to 1/16th or below, hold a tune with the neck bow, and keep solid action. don't bother with 1/32 action just play all your notes slightly off key like that ultra melon "White" guy.
Honestly I own a "top end" mexi-squire, gold Schaller tuners and all, but the neck was actually "wedged" with plastic shims to get close for the action from the shoddy routing in the body on the neck insert. yeah it looks pretty (blueburst with gold hardware and pearl pickguard) but plays like crap. right now I have the action above 1/8 just to get no buzz with a 1/2 step down tune.
I paid $425 for that back in 2000.