They take the "classic" designs of the Fenders, such as the Strat and Tele body, but are claimed to have better quality parts, wood, electronics, tuners...everything. I have had the chance to play a few and I was impressed and discouraged.

Pros - they are good quality, well built. The trems stay in good tune after some mild abuse.
- hot pickups are comparable to lower output humbuckers

Cons - the high output singles make ALOT of noise under certain lighting

The fact that there is alot of noise is really my only complaint. Because of this I would recommend NOT buying them. Unless you are going to change out those pickups for some hot noiseless or some single-sized-humbuckers.