So, I recently picked up this second hand Jackson JS11 guitar for a good price. Here's the review.
Yet even though I got it used, you can buy these new for around £139. Although a few corners have been cut in terms of hardware (i.e. the nut, bridge saddles, machine heads), I was really blown away by the high quality of what you get for the price.
In other words, you don't have to pay megabucks to get a good guitar these days. Plus, you can mod these guitars to your own specs and get something amazing for not much money.