Re: Quality of Korean Ibanez
i think that MIK guitars have a lot of potential, and a lot of them represent a very bang/buck ratio. almost invariably on MIK guitars i end up doing a lot of fretwork to get them even, comfortable, and smooth as well as other modifications to maximize their playability (i.e. rounding off the "shoulder" on some of the more square-ish wizII's.) i also usually end up putting in an edge or lopro trem and new pickups.
since i can and do perform my own fretwork, the additional cost isn't really an issue and i'd be replacing the pickups anyway, MIJ or MIK. buying a new trem is a bit of a bite, but all (both) of the lower-end guitars that i have just "felt" like good pieces of timber in my hands, and i look at the additional cost and work as simply necessary mods that serve to make the guitar work for me.
in terms of fit, finish, and QC the MIK stuff just isn't at the level that the MIJ guitars are at IMHO. the truth of the matter is there are differing price points for guitars that are meant to sell to differing types of players and at the end of the day, profit is what causes decisions to be made. there is a reason why Japanese RG's cost more, and it's more than just the sum cost of the raw materials.