Price paid: $ 200
Purchased from: Guitar Center
Features — 9
You can find the specifics elsewhere, so I'll just cover a few things. Basswood body with a quilted veneer (meaning fake quilt top), 24 fret maple neck with a rosewood fingerboard, Floyd Rose licensed trem, Laguna (alnico) pickups, 1 volume, 1 tone, 3-way pickup selector, and coil splitting (push-pull tone pot splits the coils). Only two finish options (transparent red or blue) for this model; I bought the red one. Mine didn't come with a case or any other extras but I paid what I feel is a REALLY good price for this guitar. I'm satisfied.
Sound — 8
I play rock, metal, and blues; paired with my Traynor YCV40 this guitar pulls them all off pretty well. It's a bit brighter than I'd like, but this isn't a major problem and I don't really notice as much when I'm playing in a full-band situation. One thing I would REALLY recommend if you buy one of these is to buy yourself some paraffin (aka CANDLEWAX) and re-pot the pickups. These pickups are supposed to be potted already, but I have to say Laguna did a pretty poor job. After potting them myself the guitar has a fuller sound, and is much less noisy. My main guitar is a $2000 PRS, and after potting the pickups on the Laguna and giving it a good setup, it's pretty comparable to my ears. A little different sound, but just as good in its own respect.
Action, Fit & Finish — 9
I bought mine used, so I can't comment on the factory. When mine got here it had some issues, probably due to sitting out in the snow for a few hours (thanks to UPS). However, I have to mention that when it got here it was PERFECTLY in tune. After a quick setup, it plays great; the action's very low with no fret buzz. And it stays in tune beautifully, despite my deliberate mashing on the trem; I've played guitars with US Floyds that didn't stay in tune like this. The finish looks awesome, and the electronics are very neatly wired. And I LOVE the neck; it's comfortable to play and feels very solid. As mentioned earlier, I would suggest potting the pickups. Overall, pretty good.
Reliability & Durability — 10
I have to mention here that Guitar Center did a really poor job of packing this; it was wrapped in brown paper and tape and put in an oversized box with some packing peanuts (I HATE packing peanuts!). It then sat in the snow for a few hours thanks to the kind folks at UPS not knowing how to knock or ring a doorbell. Despite this, it survived and is doing quite well after a setup. This is the second one of these I've owned; my first one was sold to pay for amp repairs (which I've regretted ever since). I gigged the old one frequently with no problems, and after a few intense practices this one seems like it will hold up just as well. No complaints.
Overall Impression — 9
I've been playing for about 10 years now, and this is the second one of these I've owned. As mentioned, my main guitar is a PRS; and in this price range, the Laguna is the first guitar I've owned that I feel justified playing alongside my PRS. I'll be going away to college later this year, which is the main reason I bought this guitar; if it gets stolen, it will be MUCH easier to replace than my PRS. The fact that it's good enough to gig with just sweetens the deal. I would definitely buy another if something happened to this one. My first one cost me $400, which I still feel is a really good price for this guitar. Gonna give a 9 just because of the potting issues.