Feature:
Everything is awesome. I have a squier standard strat and changed all the electronics and pickups. This piece needs nothing! Alnico 5 pickups, kluson-like tuning machines, glossy neck, classic pre-CBS headstock which i prefer. The only thing i don't like is the pickup switch but that's just cosmetic, I prefer the bigger fender switches. Still does it's job and doesn't feel flimsy.

Quality:
For the money, the finish, hardware and plastic parts are incredible. Looks and feels like a $1000+ instrument regardless of the fact that it's a squier.

Value:
Definately worth every penny. Who knows maybe they'll be worth something 20 plus years from now like the squiers of the early 80's.

Desirability:
Very nice guitar. One of the more dressed-up Squiers. Timeless Fender design and I couldn't complete a collection of Fender and Squiers without it.

Sound:
It's an amazing guitar i went into the store and played the whole classic vibe line and ended up buying the 50's and 60's. They sound great through a Micro Cube with a bit of reverb and even better through a fender champ 600 with holy grail reverb. I was looking at they new MIM standard, the fender classic 50's which is also MIM but definately a must buy for me someday i love the daphne blue. but for 299 bucks the squier classic vibes sound just as good as the fender classic 50's and far superior to any MIM standard.

Ease of Use:
Came set up ok, the action's not too bad, a little higher than i like. Set it up for 11's and you have an SRV/Hendrix-like sound.