In the voluminous discussion of this new Fender Standard line, here and on other guitar forums, I consistently see people claiming that there are better-spec Squiers for less money. Assuming those Squiers are functionally equivalent and of similar quality, I still think a lot of people underestimate the value of the word “Fender” on the headstock. Of course nobody is going to come out and say that they would pay a premium for that. But I suspect that for every savvy shopper who buys the Squier and laughs all the way to the bank with the money they saved there are ten who will pay the extra $200 or whatever and swell with pride at owning a real Fender and not a lowly Squier. I think the “savvy shopper” types are disproportionately represented on guitar and bass forums.
In my experience with poplar instruments and from everything I’ve read poplar is basically interchangeable with alder except visually. When I think of soft and easily dinged up I immediately think of basswood. Until this thread I have never heard that about poplar.
There’s a tendency to demonize any wood that might be used to save money, but just because a wood might be cheaper or more readily available than some other more traditional wood doesn’t mean it’s bad for its use. But poplar, of all things, has been used so much for so long (including by Fender) that I would count it among the usual suspects, only slightly less “standard” than alder, mahogany or ash. But even the more recent Asian mystery woods can still be perfectly fine for guitar building. I think most complaints are just prejudice.