I bought a Bullet Tele a couple of weeks ago when it was $149. It's really impressive for the price, feels great. The frets need breaking in, but otherwise pretty sweet. My biggest complaint is that that little e string is too close to the edge, so I'm thinking maybe a new nut may be in its future. The other thing I may upgrade eventually is the tuning keys. I find myself tuning a lot, but maybe that's because I'm bending the crap out of the strings because it plays so easily.