I think the reason many people don't like Squiers is the number of squier horror stories that have been floating around. Stuff like shoddy workmanship, warpping necks, inferior wood etc... These are the sort of things one gets with a 200dollar beginner bass pak, not a bass with the big F's name printed on. In the same price range, one could easily get a well-built Yamaha BB414 or something.
Personally i've nothing against a cheaper copy of an expensive guitar, particularly if it captures the vintage vibe of the classics, provided it proves its worth tonally and with good reliablity. Thank God it isn't just agathis this time. I mean, basswood and maple is a step up at else.
Hopefully it means some improvement in quality. Yup so i will be interested in these should they appear. Perhaps get a copy of certain vibe heavy instruments. heh..