I have seen a lot of negatives regarding the MIM Fenders and don't quite understand it. I read threads scratching my head wondering why people think all mim's suck...
...I guess what I'm trying to say is I love mine, they don't all suck!
Just to address this OP specifically, I think one of the issues people have (very generally speaking) with MIMs is that they have changed so many ways over the years since production first began in Mexico. It almost seems, at times, like the factory in Ensenada was a test site or proving ground for ideas Fender was kicking around, or it was a place where random parts were shipped to be assembled.
There is absolutely nothing whatsoever about the place of origin that really has an impact on the overall quality of mass-produced instruments or the consistency of that quality and it has often been (accurately, validly) said that the main difference between MIA and MIM Fenders is that MIAs are made by Mexican workers and craftspeople on the
Northern side of the USA/Mexico border and MIMs are made by Mexican workers and craftspeople on the
Southern side of the USA/Mexico border. There is definitely truth in this.
(It is under 200 miles from one plant to the other.)
At the same time, depending on what year an MIM was made, they may or may not have comparable build quality with regard to hardware, electronics, wood, etc.
So, essentially, at least in my experience and my opinion, MIM quality (again, very generally speaking) can legitimately be considered more inconsistent overall than MIA Fenders or even such lines as the Squier CV and VM models.
That, of course, is not to say "all MIMs suck." That is a completely nonsensical and baseless thing to say. Any mass-production of any item of any kind can produce lemons. There are entire
years of MIA Fenders where I have played numerous examples and found them all lame and lacking.
For the most part, an MIM is a decent-to-very, very nice instrument, and with a little bit of cash thrown at it, yes I do believe many of them CAN rival MIAs. Plenty of them are darn close to that when they are bone stock.
You are correct. They don't all suck. I'd argue that MOST of them don't suck. Otherwise they wouldn't garner the sales figures they do.