i helped someone out with one - he brought it as a first project hoping to be able to bolt it together and get a playable guitars. obviously it was not that simple.
needed quite a bit of fret and nut work to get it playing ok. I also felt the neck could do with a bit more carve - it was on the chubby side, and i generally like fat necks
bit weighty too, the woods are not as advertised. they may say ash body but its darker and coarser than most ashes i have worked with
overall, i dunno. I like the idea of good priced kits as learning experiences... but for value for money, playability and sound - a squier would be a much better choice