In terms of guitars, I've had a MIM Strat, a Jap strat and a US strat.
The MIM was just a decent guitar made of slightly flimsier hardware and a narrower neck.
The Jap was precise but dead to me. The US (90s) was a dream purchase for me but I found the sound deadish. The neck was excellent but I found it hard to adjust to the slightly wider neck after the MIM.
The best value in the range, IMO, is the Classic Player. Currently got a Thinline Cabronita and the neck is outstanding!
Basswise - had a MIM Jazz and it was decent but I've had better from ESP/LTD.