Well, it looks pretty nice, and I've never seen or heard many bad things about Squier. But for around $300 dollars, I bought myself a used Mexican Strat, although it looked and sounded new (It even still had the super-bullet sticker on the back). It was actually $280, and I just dropped it off at the shop today for them to drop in some new Texas Special pups. But for $200, and a first electric, that looks like a nice one! Good luck!