I love it. This was my first "real" guitar. In terms of value for the features it really can't be beat and that's why I bought it in the first place (I got in high-school when I was still plenty cash-strapped).
Model Year: 1995
Price: $480.00 (new)
Where Obtained: Musicians' Friend
--Jelutong body, maple neck, rosewood fretboard
--24 jumbo frets, 6 string
--1 volume, 1 tone knob, pickup switch
--3 pickups (H/S/H)
--Floyd Rose double-locking tremelo
I like a nice low action and you can get it with this guitar. It's also very easy to adjust the action height with the Floyd Rose to get it where you want it. Neck is a little fat compared to a Strat.
I use it with a basic Marshall practice amp (100 watt) and a Marshall distortion pedal. I use it for playing metal and rock, and you can get a very heavy, crunchy tone out of it, especially with the rear humbucker. It's got a great sound for playing with distortion, and it sounds pretty good clean tone too when you switch to the single-coil.
Pretty much bomb-proof on durability. If you know how to adjust your Floyd Rose correctly, it stays in tune perfectly so you don't have to re-adjust much. I also moved from New York to Colorado with it, and going from a moist to dry climate had no effect on it.