I just got back from MusicGoRound and saw a $60 Cort strat copy. It felt pretty solid, sounded good unplugged, neck was decent (and had tiny frets

) and looked alright.
I thought it might make a good learning
project to pick it up, change out the
pickups and tuners, sand down the neck a bit, take the logo off the headstock paint it and give a good setup.
Anyone ever tried or had any luck upgrading a cheap, solid guitar? What were your experiences? Anyone know anything about Cort of late?
-Andy