A very inexpensive guitar that sounds great is the Squier '51. You gotta try one if you haven't. Tele neck, strat body, very nice pickups, great tone. The price is unreal - undeer $150 bucks. I have a more thorough review of it on my website, along with some video clips. The tones you get with this cheapie are impressive. I highly recommend it. It isn't all quality like a Suhr guitar or anything, but some small things like doing some fret work and intonation can make it into something that rivals much more expensive guitars. It's definitely a great value. My 2 ören.