Yes, the reviewers here are right on!
I'm highly unlikely to give a 5.0 to anything as I would have to be truly shocked (like if the quality was identical to a Fender Custom Shop Tele!). But you're not gonna go wrong by looking at all the other very positive reviews here. They give it a big thumbs up generally.
Some years back in a local store I tried out a Squier Tele (or a Strat, don't remember). I had actually gone to the trouble to take in my own tuner and little screw drivers as I knew the store didn't set up their guitars. Keep in mind I used to set up studio clients guitars all the time (as I'm fussy and don't like interruptions to work flow). I can get the max possible intonation happening pretty fast. Well, this Squier in the store from years ago was major junk! I could NOT get this thing intonated, not even close to being acceptable. The feel of the neck wasn't all that great, either, but I figured, hey, it's very low priced, and I decided I'd never even pick up another Squier the rest of my life.
Now we come to today. For just a bit more money than what they used to charge, Fender apparently has gotten the Squier line squared away. At least for this John 5 guitar, as I have not tried other Squiers.
When I first strummed this thing right out of the packing box, it was very close in tune. I tuned it and then checked the intonation: Not much at all to do! Maybe I'll be very slightly tweaking 3 strings! Very surprising. This is not the same as a Fender Custom Shop (I've played a few of those). But it's entirely pleasing and no problem using for live gigging or recording, and costs a fraction of a Fender Custom Shop.
The overall feel is good. Weight not an issue for me as I've had some heavy guitars and also am used to playing bass guitar. This guitar is not light but I also don't consider it heavy. As noted in other reviews, overall fit, finish, etc. is fine, and really fine if you consider the price.
I already have what I need for the typical Tele guitar sounds, and this is another flavor of Tele when running clean (not entirely a classic sound but still nice), plus it can get hot when you crank it, and I needed another flavor of hotness compared to another high output guitar I already have. I tend to like guitars with character, and this is a Tele character with it's own thing, like other Tele's over the years (Thinline, maple vs. rosewood fretboard, etc.)
I should say this is a cool looking guitar as well! And if you haven't already, I recommend you check out John 5 and his considerable talents for different genres including metal and country. He also has an incredibly huge collection of Telecasters (including many rare ones), so he REALLY knows what they're about, and this had to play into what he required of Fender when building this guitar, especially considering it's a Squier.
If you want a nice guitar for a very nice price, plays similar to a conventional Tele with a rosewood fingerboard feel, can get hot and shreddy with a hot amp, and has a different Tele flavor when in a clean amp setting, buy it. If you're looking for a very traditional Tele sound, don't get it.