Hello everybody. I have an old crappy squire copy that i want to upgrade. But i'm not sure if it's worth it. I'm going to ask a set of questions here under, would be helpful if u could answer them for me. Here is a picture of it

I'm also going to do a paint job on it, be that i can handle myself and ask the paint shop about
Question 1: Is it even worth it? I mean it's a cheap copy of a copy :/
Question 2: I'm thinking of putting a floyd rose on it, that means that i have to carve in to the wood right? Also which should i choose, I am on a budget. Or is this all a bad idea?
Question 3: Pickups, now. I'm thinking of putting a humbucker in the bridge, for more metal lead playing. With lead tones that just blow you away, witch one should i choose there? And is that a bad idea in any way?
In the middle and neck pickup, i'm not sure, i also want to play blues on this, in style of like bb king. And stunning cleans, any tips? (I'm guessing that this is not an bad idea)
Question 4: Is there anymore things I should switch? For more than just visuals? Anything here. Tips or things i forgot
Thanks for the help!!!

I'm also going to do a paint job on it, be that i can handle myself and ask the paint shop about
Question 1: Is it even worth it? I mean it's a cheap copy of a copy :/
Question 2: I'm thinking of putting a floyd rose on it, that means that i have to carve in to the wood right? Also which should i choose, I am on a budget. Or is this all a bad idea?
Question 3: Pickups, now. I'm thinking of putting a humbucker in the bridge, for more metal lead playing. With lead tones that just blow you away, witch one should i choose there? And is that a bad idea in any way?
In the middle and neck pickup, i'm not sure, i also want to play blues on this, in style of like bb king. And stunning cleans, any tips? (I'm guessing that this is not an bad idea)
Question 4: Is there anymore things I should switch? For more than just visuals? Anything here. Tips or things i forgot
Thanks for the help!!!