There are quite a few decent $100 Strat or Les Paul copies out there. Common problems would be sharp fret edges or action that can't be lowered, which is probably an indication that the neck is improperly adjusted. If possible, plays before buying. I'll also add that Fender makes a Squier Strat that sells for around $125 without case and is very well made. I have one. The extra $25 might be a good investment in this case.
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Dave Molter, MGR Managing Editor/Bass Guitars Editor
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"Bass is the foundation of the band." -- William Murderface, Dethklok bassist
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Lakland 55-94; Hofner Icon; Kala U-Bass acoustic & solidbody; Stagg EUB; Genz-Genz Shuttle 6.0; Line 6 Lowdown Studio 110