i actually managed to try a baja tele the other day, and to be honest I don't see what all the fuss is about them. Granted i might have tried a lemon, as i only tried one, but it was really heavy, had a really thick finish, half of the neck finish seemed to still be left on the upper frets, etc. etc. i preferred the light ash tele i tried next to it, and i'm not that fussed on those...
Assuming that squier is of similar quality to 80s MIJ tokais (i haven't tried those 80s squiers, so take what i say with a pinch of salt), I'd definitely get that instead of the baja. EDIT: though, as everyone's saying, if it doesn't have the nitro finish, the finish might be as thick as on the baja. :lol: