To Clarify, I was thinking of changing the pickups and pots in my Sheraton. That is when we discussed which way to go.
I ended up not doing it after all. But I did have my pickups changed on a Gibson LP Gold top. I had Burstbuckers installed, and I supplied the Pickups, and a RS guitar works kit that includes the pots, caps, and wires to do the job. That kit is 85 bucks alone.
I have also had the toggle switch changed in two of my Sheratons.
The pickup and pot switch was 75 dollars for my Les Paul, and I am pretty sure it was 50 bucks for each switch including the switch for the Sheratons.
The reason I didn't change all the innards in the Sheraton was that I think the whole thing was going to run me around 350 including the pickups, pots switch and wiring, plus installation in the 100 dollar range. On a 599 guitar it was not worth it.
I think that for a 399 guitar you will spend about the same as the guitar is worth when the day is done. Keep the guitar as is and save for an ES335. That is what I did.
The Blues is alright!
Guitars: 1968 Gibson SG, 2005 Gibson SG Standard, 2006 Gibson LP Classic Gold top, 2004 Epiphone Elitist LP Custom, 1996 Gibson Les Paul Standard. 2001 Epiphone Sheraton II, 2007 Epiphone G400.
Fender Strats: 1996 Fender 68 Reissue CIJ, 2008 Squier CV 50s, 2009 Squier CV 50s Tele Butterescotch Blonde
Amps: Blues Junior Special edition Jensen in Brown Tolex with Wheat front, 65 Deluxe Reverb reissue,1970 Sonax reverb by Traynor, Avatar Custom 2/12 Cabinet with Eminence Legend V1216 speakers,
2008 DSL100 Marshall Amp , Fender Super Champ XD,Fender Vibro Champ XD
Effects and Pedals: Fulltone Fulldrive II, Fulltone OCD, Fulltone Mini Deja Vibe, Fulltone Fat Boost, Dunlop Crybaby Wah, Boss DS1, Boss DD20 Giga Delay, Boss TU2 tuner, Boss BD2, Ibanez TS9 Tube screamer, Zoom 505. Radial tonebone hot british.