This is guitar is wonderful. Usually yamaha pac1** series is considered as starter guitar, but I'd say it's a good choice not only for beginers. Btw, this is a top guitar of the 1** series with alnico v and vibrato.
Definately a value for money.
I own pacifica611 that is also made in Indonesia and both these guitar build quality is excellent.
This is my first electric guitar so please keep that in mind when you read my opinion. I can only weigh this against other guitars I've seen in stores and details I've read about online but I must say I am very impressed with this thing. Yamaha has created something with really nice attention to details. The frets are all flush and smooth unlike some other budget models I've read about. Seriously excellent here.
I personally love the design and the satin finish. I'm not sure how to judge the sound or "optic" because I have only just started taking lessons but I am sure this is a very good sounding instrument. Everything feels very rigid and built with very fine tolerances.
A few non-perfect things to report:
The audio jack plate and rear panels are plastic like the pick guard, not metal.
There is a scratch on the face of the guitar around the tone knob. So, cosmetically this did not arrive perfect but I can overlook it due to its subtlety and that the instrument will likely see some battle scars in its life anyway.
The knobs, while being turned, give static feedback when plugged into an amp. Apparently potentiometers can be cleaned but I don't feel like gutting my guitar having just received it. I will live with this for now and fix it down the road sometime.
Otherwise – perfect! I am in love with this guitar and I think that's all that really matters to the player.