My first electric was a Squier strat made in Indonesia. Probably an '04 or '05 model. It was $250 and I feel like I got a lot of guitar for the money. It's broken now - one screw holding the trem in place came out of the body, but it was a great guitar while it lasted. The best part was its neck. It had a satin finish and I haven't found another guitar in that price range with as comfortable a neck. I've also got a new Indonesian G&L Tribute ASAT Special. I *love* this guitar. I'm amazed at how well it plays considering its low price. My experience with Indonesian guitars is that you can find a really nice instrument if you spend the time looking. I think you're more likely to find a quality Indonesian guitar than a Chinese one.