Re: What's your favorite cheap import brand?
Another vote for Epiphone. Gibson came out with the world's best guitar designs in the 1950's & 1960's (which have since been copied by everyone), and with an Epi lets you have those without funky changes to the headstock and cutaways. With the LP, SG, 335, 330, Flying V, Firebird, Explorer, 175, ES-5, Byrdland, etc. (each with a number of variants) you get beautiful designs that naturally produce great tones. No one else has ever been able to come up with so many popular guitars.
If want better materials & workmanship, their Elitist line gives you Gibson quality from Japan at a nice price. What more does a boy need?