I briefly saw the six-string version of the new SRC model on the weekend. Looked really nice, but is quite pricey for a Korean guitar. The quality is just getting so good out of those factories, but it's unfortunate that the price also seems to be jacking up accordingly, making it a bit of a harder sell.
On another note, i also had a close look at a Chinese-made Squier and was blown away at how much the Chinese quality has improved over the last year or two. Import guitars seem to be aligning themselves along the lines of Japan for high-end, Korea for the midrange and China/Indonesia/Malaysia for the low end.
But the Korean signature models seem to be blurring that line a bit, with the high-end Korean stuff bleeding over the mid-to-high-end Japanese guitars.