I picked it up from a shop in Pennsylvania via the net 3-4 years ago. it was ridden hard and put away wet, so to speak. lots of battle scars and general neglect but nothing too serious. some areas of the finish were worn away and the maple was dirty, especially on the fingerboard, so I decided to strip it and clean it up. it looks much nicer now so it was worth it to me.
the wiring was buggered and needed work, but it's not as easy as it sounds to find all the proper components. that's one of the reasons I decided to rewire it like an LP. the other reason was the factory setup doesn't allow the neck pickup to be soloed, which I prefer.
I wasn't too concerned about hurting the resale value because I don't intend to sell it. in time, it will pass to my son. I modified it to suit my preferences, since I'm the one that plays it. all in all, I'm pleased with the results.