To my taste, older Fenders have the same kind of rugged character as an old Ford - elegantly utilitarian, an engineering and manufacturing milestone, all bound up in nostalgia, etc. I like, 'em, because I like all those things. But I guess I don't see the magical quality many of my friends endow old Fenders with. Also, BTW - the driver in me would still rather have an old (or new) Mercedes Benz (LOL).