I will tell you i have a $200 Falcon (Fender knock-off) with single coils and it OWNS my stupid Ibanez RG470 ($800)
Fact is i completely HATE my new Ibanez. I dunno why I bought it. I thought i needed that smoother sound, buit it just sounds dead in the mix, like most metal does.
I SO prefer the rockier tone of my Falcon!!! ANY DAY!
I use it in conjunction with a Marshall Studio 15 and it is the BEST TONE I EVER HEARD ON ANY RECORDING EVER, period.
It was after I got that amp i realized just how f*cking awesome my old guitar really was

I love it to death. I will never EVER buy another expensive guitar.
And my Falcon is GREAT on clean too (through antoher amp entirely though. An amp I hate for everything else; Laney HCR25)
Completely brilliant. People tell me all the time how amazing my guitartone is and wanna know how i make em.
My Fender has so much more higher freqs that the more expensive guitars does not have. Its like shaven off. And all the guys in all the music stores i visit always tell me how much BETTER the humbucker sound is. I hate it i hate it i hate it and I hate their whiney thin, dead, dull, boring metal music =)