I've been playing one for a few days now. I agree with the poster who said they weren't completely sold on the five-way switch. I'm pretty happy overall though. Lots of different sounds coming from this baby. One thing worth mentioning is that everything I've read says the head should just say "Fender" and nothing else, but mine says "Fender Jaguar." I'm not sure if it was just a slip up at the plant in Mexico, or some corporate decision. It plays fine, but I could see where someone who is buying one of these for collector reasons might find this unacceptable. I groused about it and got a substantial discount from the dealer, so I'm not complaining.