There are some threads on the OLPs in here somewhere (even though when I put OLP in the search engine it doesn't retrieve anything...) Personally, we set mine up really nice, ground of the fret tang ends so they wouldn't cut your fingers, added an original Floyd and nice pickups, and now it plays like a much nicer guitar.
That being said, it's still got a cheezy photoflame top and is just not anywhere near to being in the same league with the
Ernie Ball Music Man. I mean mine of pretty good for a $300 or so investment into a guitar, but the EBMMs are just incredible. So, it all depends on your budget and how much time/ability you have to get the guitar set up nice. I've also heard that the general quality on those is very random, although the 3 or so I've had pass through have been pretty similar I think.