Thanks for the replies, guys.
Well last night during a jam session, a friend of mine picked it up and worked his magic. He looked at the soldering work and told me it was nicely done. :)
So he worked his magic (i will refer to it as that as he "fixed" it whilst i was out) and now it sounds A LOT better. I think a string change up to a heavier guage will do it good. I am also gonna swap the 500K pots for 300 or 250, and add a push-pull for the pig. As of now it's got way more treble and twang than i will ever need.
I tried it in six different amps last night, and it only sounded "good" in half of them. I think a lot of the sound actually comes from the guitar itself. What made me so convinced there was a problem still after replacing the selector is that the warpig sounded truly awful with my Orange TT. Still does. With a lot of gain it's alright, but as soon as i roll it back it sounds frizzy and synthetic. But fortunately it sounds mindblowingly heavy with my old 70's Randall half stack. Put on some octave multiplex goodnes and a fuzz factory and you're in heaven (hell?!).
And on the upside - all these issues have taught me a lot about guitar electronics and how it works, so hopefully i'll be able to help a lost soul or two here in the forum in the future drawing from these experiences.
Cheers lads!
Fred