Yeah...I'm a little lost with the electronic scheme here and two silver switches...but it needs to be upgraded because inside is a creative chaos :S
Rip it all out, shield it, get some nice simple passive electronics all up in that.

I'm also a bit confused by the combination of next through stripes on the body with a bolt on neck plate.
I'm thinking about unscrewing the neck to see what is labeled on the neck wood and body wood, because it has no serial number whatsoever :S