I'm curious. I just got through setting up the $30 Korean Squier I bought. The guitar is in great shape. Here is what I did: Cleaned and tung oiled the rosewood board; the trem would not work so I installed longer screws in the claw; installed new 10-52's; set the pups; sprayed the pots; set the action and intonated it. It plays great. I owe me ? plus $2.25 for new strings.

I now have a $100 guitar.