I kind of know what you mean. But let me say a thing or two. first of all: there simply is NO guitar that sounds best. there's only guitars that please you the most and suit your style best. feels best? ok, there are certain guitars that feel much better than others. but then again it's also a matter of taste. and I really do believe that certain feels just don't go with certain tones. can you build a fender that sounds like a fender but feels like a gibson. don't think so.
nevertheless i'd say the cheapest guitar will not be the worst and the most expensive one will not be the best.
I just figured out today that a low-end fender is crappier or at least just as crappy as a squier... just 5 times as expensive.
by the way, "capnkid" - are you a bj fan?