This one is not a perfect one, but a sound one. The finish / quality is overall fine, a little bit rough finished at one edge of the body, but it is good. Nice neck, not fat, not slim, well playable; no rough or sharp fret ends, well done! Like many others here, I have seen "more costs, less quality" regularly in the guitar and bass realm.
Simple: I neither need "push-pull", scratchboard or four knobs. Most scratchboards look cheap if not ugly to me; in my view, they are superfluous (and sometimes crappily installed). I like that this one here has not get all of these features. I would wish this no-scratchboard thing would be standard for this type and for the LP-world.
Tuners are better than expected.
The sound is maybe not extraordinary (I cannot say anything about the high gain / distortion thing, it is not my cup of tea), but more than pleasant - i will go for flatwound strings, and Shadow Jazz pickups will be installed.
All in all, good quality, low price, no urgent need for modding, simple and good quality!