Really enjoyed the interview. I was working for a store in Nashville in the 80's and heard things here and there from our rep, but didn't know anywhere near that much detail about what was going on until just now. Fifteen guitars out of 800?!? Incredible.
I've had several 70's Stratocasters. From '72-'79 models. The neck shapes were all over the place. Not just the profile but the thickness as well. Weights varied, but tended to be on the heavy side (tone beliefs at the time). Oh, and the necks moved when you played. Except for a '79 that someone had converted to 4-bolt. Of all the big-headstock, 3-bolt, CBS-era Strats I've had, the '84 MIJ Squier I got as a Christmas present that year is the one I've kept (Thanks Mom!). Still have it, still play it all the time. Sure, it's been refretted, and it's got a set of EMG Gilmours, but other than that, it's still the same guitar. They're running about $800-$1,000 now, so even the official Japanese "copies" are collectible. But the American originals are $1,500-$15,000 now, which blows my mind.
In the interview, Smith said during the same time (70's-80's) "Gibson was turning out [bleep]." I believe those are known as "the Norlin years". I had a couple of Les Pauls back then too. A '79 Deluxe with the "baby-buckers" and an '81 Gold Top. The Gold Top had a pretty good tone (I was playing through Marshalls back then), while the Deluxe had a good neck. I traded the Deluxe away in '87 and the Gold Top was stolen in '86. In '05, I bought a new Les Paul and it's far better than both of those old guitars combined.
It's amazing to me that so many people buy guitars and basses online now. When I started playing, the quality of instruments varied so much that even brand new ones had to be "test-driven" in person before a purchase would be considered. But I'm trying to keep up with the times. Bought a Spector Legend 5 on Reverb last month, and am very happy with it. Don't think I'll be buying any 70's Strats that way though...