It is a nice guitar but the bridge pick up sounds truly awful. It is a cheap standard squier pick up that sounds nothing like a tele at all. The neck pick up however sounds absolutely amazing. Fender's fidel'itron sounds in my opinion even better than the pick up it was based off: gretsch's filtertron. It is a very heavy guitar since its body wood is the less resonant and cheaper basswood. The neck and the licensed bigsby however make up for that. I also recommend rewiring the volume pod to only affect the neck humbucker. This way the volume between the two pick ups can be better balanced, since single coils have lower output volume. The bridge is also a pain. I replaced mine with a Fender Mustang bridge. It doesn't look bad but makes bending no problem. Overall it is a nice guitar with some small, cheap to fix problems.
Got it used for about the same price as new and was totally stunned by the quality of this guitar. The Fender Fidelitron pickup is a very good copy of the original Gretsch ones, although it's more mid-rangy and is missing a little bit of the top end. I changed the bridge to a Mustang-bridge (typical Jazzmaster-bridge problems) and will probably change the bridge pickup. It seems like the cheapest Squier pickup, yet it sound quite good for this price. With a little love and work you can change this to a really good guitar.