The Squier Bullet Special is modelled after the Fender Tom DeLonge Strat, in that it has just one volume knob and one bridge position humbucker, just like it's "big brother Fender" does. I seriously doubt...well, I know that the humbucker in the Squier is not an Invader, but my ideal is to see how close to sounding like the Fender I can get the Squier.
I don't really know all that much, about the quality (or not) of current Squiers, since I bought my newest one, a Squier Fat Telecaster, in 2001, and I'd bought my Squier Bass Pack (P-bass, BP15 bass combo, strap, instruction video and gig bag) the year before on a lay away. Maybe I got lucky, both times, and actually got ahold of a couple of "Tuesday or Wednesday" Squiers. Perhaps the Squier Bullet Special that I tried out, back in 2001 when Mars Music was still in business, was the one that I SHOULD have bought.
Maybe I could save my money, just a bit more than I'd planned, cross my fingers, and hope to score a for real Fender Tom DeLonge Strat, on an eBay auction, or stumble across a used one at a music store. For the past year, I've been toying with the ideal of going Fender (U.S. Special Highway One Telecaster), but thinking I might settle for a Squier.
A lot of the guitars on my current "to buy list" are just inside the $600.00 range, so maybe I could set my bar a tad higher, do a LOT of "test driving," and start scoring me some decent axes. Not that a $600.00 axe will get me playing any better than I can on my "el cheapos," but as long as I get my desired sound just right, and I never play out...who's gonna know?
Matt