I got my Mascis Jazzmaster last Thursday. I had originally put this post in an Artist Signature Models thread, but it kind of got lost there.
Anyway:
The fretwork is nice. The neck feels fantastic. Not all glossy and sticky, but silky smooth.
It sounds great. I'm liking the dual tone circuit. with the top switch down, the traditional tone knob controls the pickups, and it's very bright. Switch up, those roller pots are the tone and volume controls. It's a bit more mellow, and also very pleasant sounding.
Haven't really gone to town on that whammy yet. I think I would like a shorter arm on that thing. Wonder if anybody makes one. Otherwise, to be honest, the arm will probably not even be in it.
There's a tiny bit of buzz in the bridge that I need to track down. But the setup is actually quite good for LITERALLY right out of the box (including Chinese paper wrapped around the strings.) It's even intonated.
For the money*, I am REALLY impressed with this thing. If it didn't say Squier and China on the headstock, I'd swear it was at least a Japanese model, if not American. And I own old and new American Fenders.

*Musician's Friend price - $399. Case = $50. Free shipping, then a 15% off phone in coupon. Total damage: $375 delivered. Unbelievable.

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