I bought mine (it's a Fat Tele; humbucker in the front) because it was cheap, and I wouldn't feel guilty working on it. Needless to say, the stock pickups were horrible, so I replaced the back single-coil with a new Fender '52 vintage-style. With the other needed upgrades (tuners, pots, knobs, switch), it now radiates (for lack of a better word) utter vibe.

Think reverb-soaked De Stijl in the back position, solid Weezer-blue-album chunky rhythm stuff in the middle and neck positions.

good stuff.