I have this guitar for my indie band and it plays beautifully. Don't be fooled that it is a Squier, the Vintage Modified and Classic Vibe models are the top and people use it as a workhorse. The only thing that bothers me are the saddles on the bridge, they are a bit loose and when the guitar is played aggressively, the strings will buzz. The paint is also a bit thin and the hardware seems a little cheap but hell why would I say this for its price point. Overall, it serves me well on stage and the great thing that made me buy this is the tone.
I love this mustang. the short scale is very nice and comfortable to play, and i like the phase switching method of switching between the pickups. It's very light, so great for long playing situations. only reason I knocked a star off the rating is because it's not availabe left handed, so I had to flip it over. it's definitely my most played guitar