The "blem", if you can find it:
This is my first guitar with an Indian Laurel fretboard. No functionality complaints but it is definitely one of the less beautiful fretboards on a guitar I own. As Freddy mentioned in his Tele thread, it has a very dry, almost chalky finish to it, and looks like it would be a black hole for oils if I tried to condition it. I really am missing the little Cyclone decal on the headstock, wish they kept that.
I thought I hated the pickups at first, but after adjusting the height of the bridge pickup it's much better. I don't think I'll be changing them anytime soon. It's warmer/darker than my Strat, and maybe a bit hotter. I don't mean to say that they're muddy, it's by comparison only and the Strat has very bright pickups. I'm considering swapping the neck and middle pickups to get hum cancelling in the neck/bridge position but then I'd lose the bridge/middle setting...maybe I should just look for a reverse wound neck pickup.
Overall I'm very impressed with this for the price. Here it is next to the reason I bought this/reason I probably didn't need it. At least I have a small collection of Valentine's day themed guitars now.