My Korean Jazz is pretty nice. I haven't checked the neck pocket to see if it's plywood, but the seams visible through the paint leads me to think it's a 3 or 4 peice body and it's quite light. I paid $200 for it when other Squiers around here go for under $100 easy, but no regrets since the quality is definitely there. I also have an Indonesian Squier P Special that isn't nearly as nice (not bad, but not as good). One note tho is that I bought the Squiers so that I could carve into them guilt-free; the Jazz is routed to hell, active MEC pickups, and has a wenge neck, while the P has a D-Tuner and a DiMarzio X2N7 pickup. No, the Jazz doesn't sound like a Warwick (that was the plan, if you want the sound you gotta pay the bucks!).