My first guitar was a Squier strat as well. I still play it more than my Yamaha AE500, which cost as much as the strat and my amp put together. I love the pants off my strat, but I find the quality varies with Squiers. Mine has excellent action and whatnot, but I know people who have almost identical strats that sound and feel like they're made of plastic.

Glad you picked up a good one!