This little beauty sounds great ! and has completely upgraded electronics and pickups as follows:
Includes a Gig Bag.
New Bridge double humbucker 13.5K Hot Nice Ceramic Magnet
New Neck double humbucker 7.4K 3.8H Hot Nice Alnico II Magnet
New A500K Potentiometers for Volume and Tone
New Chrome Metal Knobs for Volume and Tone
New Orange Drop Tone Capacitor
New Quality Toggle Switch
New Upgraded Bridge and Saddles
New Dean Markley Strings .10 on the high E
Grover Tuning Pegs

The guitar hasn't been formally set up as far as action and intonation but the Pro who did the work on the electronics did a quick set up and it has low action and plays nice as it is but may need intonation/set up.