It actually sounds very good, I think due to the rather hot single coils on it (7.5k ohm). After some set up, it plays pretty good, too.
It's a cheap guitar, but ironically, is just what I was looking for. My Workshop is serious Manland with stereo, tv, dvd, and all the fixin's but I wouldn't want to leave a valuable guitar out there. (Too much dust & potential damage when working.)
Although I would have rather have found it for $20 at a yardsale, it suits my purpose. Cheaper than building one, and extends my impulsive playing to a place where I spend significant time. ...And those interesting pick ups! Hmmm, they might just end up in some new build. :)
...so ever since then, I always hang on to the buckle.