I have one of these:

Jack and Danny LC300
It may be one of those "no-brand" brands, but it sounds surprisingly good. It feels like the real deal, maybe a bit strat-ier in the sound.
I've never had any problems with it. Well, thats not true when I think about it. Once, the neck got all twisted so that all strings sounded muffled. But they sent me a whole new guitar for free and included a new set of strings and a carrying bag for free :D