I played one of these at Guitar Center the other day, i was suprised how good the lipstick pickups sounded.
The feel of the guitar was pretty good also, the whole guitar is painted with a flat/satin finish.
And yeah, one thing that i did notice is the intonation was off, and i did not see a way to ajust it. Although i have read in descriptions that it IS ajustable. (i'd like to know how).
There isnt any grooves in the bridge to hold the strings, do if your heavy handed, they will slide, and make the guitar go out of tune.
The action was a tad high, but not to bad. the tuners looked like 'Kluson' copies and worked good.
The trem was 'ok'. but i would never use it. The guitar is made in China.
They run about $300 new, ive seen them go on ebay used for about $200-$250. i would probably get one, the ugly green one.