Up date on the Squires....
Their Standard ones coming out of China right now are actually quite good........especially for the price! .. They are being made with an Agathis body (Which is a good tone wood), they have the larger 60's style head stock, modern stlye 2-Point floating trem with the "Modern" saddles", great finish's, and the necks are actually quite decent.........so much so that I actually bought one the other day

-- Candyapple translucent sunburst finish (With great grain!), and Alnico pups....play's great right out of the box (Better than the 3000.00 LP's and 1500.00 strats up there! ) ....
My only gripe is the smaller fret wire.....they say it's a medium jumbo, but it feels more like a Vintage to me....
I will however swap out the bridge singlecoil for a nice humbucker in there, ....but that's just my Strat set up of choice..
Just to let you know I'm not blowing smoke here, I've got a 1994 Custom Shop Jackson Soloist, 1964 Gibson SG, 50th Ann. Strat, an LP, and an 86 Kramer .....and they all play great (I do all of my own guitar work...).......
Either way, for 199.00, you can't go wrong with one of the Squire "Standard" strats Made in China (There are some that are made elsewhere that don't quite play as good ...don't recall where all of them are being made at this point....)
Rick