I own a Black Squier Strat. My first guitar given to me as a christmas present. Pretty sweet if you ask me. I think it's a very good choice for beginners like me in this case. I like it so much that when I went to purchase my acoustic guitar I chose an Squier aswell. First thing I did on the electric was change the Fender strings to DR black beauties. System of a down songs sound pretty sweet coming out of the Squier strat to a Line 6 Spider2 amp.
I say you made a good choice you won't be dissapointed.
Best regards,
fr3ak