I have 2 les pauls and a charvel from korea. This is my first fender.
What I loved:
The finish is great, it's pastel yellow to mustard yellow depending on light conditions, and very very subtle sparkling speckled dust. Paint and general git and finish is great quality. Noiseless pickups also help keeping this guitar in my hands during practice rounds. The frets job is amazing with glassy vibrato feel, and a golden coating around the frets (probably coating against rusting). Neck feels amazing as well. Not too thin (good for sound propogation) and not too thick (acceptable for shredders). Neck is sitin smooth and fretboard is smooth glass.
What's not the best:
First, even though it's a modern take on a traditional instrument, by no means is it a metal monster. The pickups still lack some punch, could be hotter wound. Expect what you'd expect from a general strat. Secondly, the guitar came to me with a very high action. On low e the string height was as much as 3mm at 20th fret. A small truss rod adjustment, and a tiny saddle height adjustment for some strings got it to a 1.6 or 1.7mm height, but it's not going any further without fret buzz. Maybe a guitar tech could do better, but then again with a fingerboard radius of less than 10", I'm not expecting super close action i guess.
All in all, Mexico is building some freat fender strats at this price. I can see this as a long lasting instument, and you won't be disappointed if yellow is in your liking.