what can you do to it? *laughs evilly* plenty.. you can:
change the tuners
change the pickups
sheild it
new pickup covers
new pickguard
graphite string trees
graphite bridge saddles
graphite nut
straplocks
put in 500k or 1 mega-ohm pots
new knobs
and that's all I can think of off the top of my head for mods that aren't too difficult to make. I really recommend straplocks and sheilding it. I really wanna just buy a cheap strat copy like this and mod it out to my hearts desire. did you get yours for $80 new or used?