Price paid: $ 45
Purchased from: Local Craigslist.
Sound — 10
The sound from this guitar is amazing for the price. I play blues and hard rock. I run this through my Peavey Classic 30 and can get very high gain from the bridge pickup. The neck pick up is very smooth but can get a little muddy on the bassy strings. It has a very full warm sound. The alnico pickups are great especially at this price range. Depending on the amp this guitar can pretty much do it all.
Overall Impression — 10
I play blues and rock and this does both very well. I bought this as my first electric and traded it for an Ibanez GRX-20. Big Mistake. Now I own it again and I have to say that it is about even with my two MIM Fenders in quality. If it were stolen I'd definitely buy another. Hell, I have bought another after I "lost" the first one. I love the finish, especially the cream binding and the alnico pickups are nice. Its nice to have a cheap unique guitar that plays well and sounds excellent.
Reliability & Durability — 8
This guitar is very solid and I have jammed with it many a time. Its held up. The one problem seems to be the strap buttons. On both of the ME501's I've had they were very loose. I wouldn't gig this without a backup but then again I'd never gig any guitar without one. The finish on this guitar is beautiful and rock solid.
Action, Fit & Finish — 8
I have bought this guitar twice, both used so I don't know how it came set up. Probably poorly since it is from department stores. I will say though that it is very easy two adjust and holds tune fairly well, though it could use some tuners with a better ratio.
Features — 8
The ME501 is a basswood Les Paul Copy with a maple neck and rosewood fretboard. It has a fixed bridge with a brass string retainer in the body. It has Alnico PAF style humbuckers with two volumes and a master tone knob and Les Paul style 3 way toggle switch.