I just scored a Peavey Falcon today off CL for $150. I read up on them before and it looked like the relatively earlier ones were pretty solid guitars, so I checked this one out and my initial impression was that it was resonant and felt good and had been played a lot, which I always take as a good sign with any guitar. It's a little on the heavy side, but not so bad that I can't stand it. I did some digging and this one is USA made in 1990. Evidently the 80's ones are more sought after, but I decided to let my ears tell me what I thought. I did some clean up on the guitar, cleaned up the electronics a bit and tossed on some new strings and spent about an hour playing it through my Carr Rambler. Very impressive for an inexpensive instrument. CTS pots, decent wiring, good hardware all around... The pickups actually sound pretty darn good and I think I'll use them for a while before making any decisions on trying out some Lollars or something more interesting. The guitar just rings like a bell. It's got a very well worn, slightly flamey maple neck that's very comfy, perhaps a c-shape, similar to my CS 63 tele. I feel like I have to be mistaken, but I think the body may be one piece as I can't find the center seam for the life of me. On the whole, I'm very pleased with such a modest instrument. I've got an 2000 American Series Strat that weighs a little less than this, but I can't say it wipes the floor with the Peavey at all. The more I play old Peaveys the more I regret all of those years thinking they had to suck. I missed a lot of golden cheap guitars.