I had a non-floyd MIJ strat (60's re-ish) of this era many moons ago. I think the body was either Alder or Basswood. The top isn't a veener, so far as I remember, it was a "Fotoflame" thing, at least in the Fender catalogue. What you can expect, at the very least, is that it will be damnably well made, and the neck is pretty cool. Very nice tone off it too (to my ears, much better than the MIA Voodoocaster that I had afterwards, as the MIJ was nicked). I'd imagine it'll take upgrades very well.