I bought a used one for my son. I replaced the humbucker with a better yet still cheap Lace pickup and it improved the tone.
"Serviceable" is an accurate term! The only real problem I have is with the poor tuners that won't hold a tune if you strum anything heavy. I need to sell it to someone needing an entry level guitar without costing anything. Heck, I might even donate it to the right kid.