Nice one Mr Ratrod :D
I tried one a few weeks back and agree whole-heartedly with everything you say. I was amazed at the quality of the fretwork - absolutely stunning. It knocks the frets on my Baja into the long grass by a very long way (and the finish on the neck, as well).
I didn't buy it for a variety of reasons: the neck is far too slim for my tastes (I'd have loved it 20 years ago!), I'm not too keen on milky white blonde finishes (the one I tried had an excellent one, just not for me), and, if I do get another tele, it really ought to have a rosewood board :roll:
I did advise an old bloke trying a Baja to go and check it out before he spent his money though :D. I told him I love the Baja myself, but he seemed a bit non-plussed and said he was just after a decent cheap tele... so I let him into the secret of what I'd just tried down the road. But BOY, could he play!!
I tried some MIM Classic Series rosewood board teles last weekend - not bad, but of the two I tried, for the somewhat larger asking price (compared to the CV) you get a bonus "mystery-fret" that is lower than all the others! One choked seriously at the 10th, all strings, the other at 14th... Interestingly, one shop noticed it and whipped it out of my hands with a "we're sending that back...", and the other shop?... they shrugged, and put it back on the wall...
I still might come back to the MIMs, they seem decent enough and the neck is nearer to my taste, but I'm actually wanting to try a Japanese re-issue, and I decided that I might as well wait and get what I really want!!
But anyway, if you can lay your hands on one of these, and you like slim necks, the Squier CV is extremely desirable. And if you're worried about the sound Ratrod describes, considering what they've done to my Baja, I suspect that Blackguard Flat 50s would seriously fatten it up if you want to go to the more bluesy end of things... (and it would still cost less than a MIM!) :D