I quite like Epiphones. I've got an ancient G400 which I got as a Christmas present. It's trashed beyond belief, with the scratched, rubbed-through remnants of at least four different paintjobs, the neck cracked behind the fifth fret and had to be glued, and at the moment it only has one Ibanez humbucker in the bridge, but it *still* sounds killer when I crank my amp. And it's fun. And I don't care about trashing it, screwing up the electronics or breaking the neck.
Some of those new guitars look a bit silly, but quite cool none the less.