| In general the Fender (and presumably Squier) neck-pockets tend to be "oversized". At least with mine, and any I've seen recently...
...whether intentional or not, this allows you to change the neck angle a bit, to ensure that the the low or high string isn't too close to the edge of the fretboard.
Since I don't have a drill-press, I'd prefer a pre-drilled neck, but the best approach is to get a neck that does not have the holes pre-drilled so you can properly line-up your neck (as implied above). If you hand-drill, it would be hard to drill the holes precisely perpendicular to the neck.
At best, you'd be lucky if your neck was properly aligned by swapping necks (but it could happen!).
Last edited by dbcandle : 02-21-2008 at 12:58 PM.
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