Squier Bullet Stratocaster (The Cheapest Squier Strat)

How much Stratocaster do you get for roughly 120 euros/dollars? The Bullet is Squier's most affordable Strat. Is it a good guitar?

This thing is definitely aimed at beginners. But how does it play? Do the frets stick out? And how does it sound? In short, is it something worth taking a look at? That's what we'll find out today.

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The gear I most often use.
A Stratocaster of some kind, either an Yngwie Malmsteen Strat, such as this: https://www.thomann.de/intl/fender_yn...
or a custom Strat with a scalloped fretboard.
For 7 string stuff I mostly use an Ibanez Universe.
A Marshall 1987x: https://www.thomann.de/intl/marshall_...
Marshall Cab with 30 Watt Celestions: https://www.thomann.de/intl/marshall_...
A Fender Yngwie Malmsteen overdrive.
Boss NS-2 noise gate: https://www.thomann.de/intl/boss_ns2_...
Strymon Sunset: https://www.thomann.de/intl/strymon_s...
A Morley Bad Horsie 2 wah: https://www.thomann.de/intl/morley_st...
Strymon Timeline delay: https://www.thomann.de/intl/strymon_t...
Or a TC Electronic Flashback Mini: https://www.thomann.de/intl/tc_electr...
An AKG C-414 mic: https://www.thomann.de/intl/akg_c414_...
The patch cables on my pedalboard are these: https://www.thomann.de/intl/ebs_pcf_d...
Pedaltrain Novo 24: https://www.thomann.de/intl/pedaltrai...
For acoustic stuff I use a Taylor 710 short scale thingy.