Just arrived last night. I got it from Sweetwater. I had them do a plek job on it and set the action low, with Elixir 9 - 42s (same string gauge they ship them with.) The Ultra's neck profile, the tapered heel and next gen pickups seemed to hold a lot of promise for a great playing Strat right out of the box. All in all it's different enough to have made me decide to try one. The finish is very nice on both the body and the neck/headstock. Everything looks flawless. The modern D neck is nice and slim and the satin finish is slick and silent. The neck feels a lot more like my Ibanez necks than my other Fenders. The fingerboard is very comfortable. The frets feel like gentle bumps beneath the strings, smooth and slick. The action is quite low for a Strat, and doing all kinds of bends, scales and runs is a blast. Here's the really, really good part....the heel is tapered on one side like some earlier strats, but it's also tapered IN toward the neck in an additional contour thats cut across the body's shoulders (see pics below). This makes it so easy to reach all the upper frets and do all your gymnastics like you do an octave down below. The ads do not exaggerate the difference that those two tapers make at the heel. The humbucker in the bridge is hot and sounds really good. The coil tap in the vol knob gives you a nice hot single coil that still sounds like a strat. Very little volume loss when switching to single coil. The middle and neck pickups sound like Fat 50s, but they don't hum! About the plekking: I wish I had had the luxury of being able to play this guitar before the plek job. Just out of curiosity. Anyway, I'm sure that the frets benefited greatly because I've never felt frets as smooth and unobtrusive as these. The action is buttery and effortless. Unfortunately there are a couple of fret buzzes...one is on the open A string! I imagine that everything flexed a little bit in transit, so I'm going to tweak a couple of string heights just a little bit to see if I can correct the buzzes. All things considered, this guitar has made quite an impression on me. I think we're bonding.