I'm not sure this is a meaningful debate, but, for what it's worth, I have three Fender Precisions: a Classic Series '51 "crafted in Japan," a Classic Series '50s, and a Standard FSR (with a fretless Warmoth neck), both made in Mexico. All are very playable, sound great, and I certainly couldn't justify paying hundreds more simply for the "Made in USA" label.
Fit and finish are exemplary on all three, and the hardware is as good as I see on others. Note that I have changed out the pickups on all three to Seymour Duncan Quarter Pounds, but that's just my taste -- and the '51 has an American Deluxe bridge because I didn't like the two saddle original. I also replaced the output jack cup on the '51, but that was a weak point back in '51, and not unique to CIJ instruments.