Sound like a good deal.......
Or, if you want, you can instead get a SX strat and then use the remaining cash for a Wah pedal.....
But that's just me.
A Strat and Micro Cube is a good setup too.

For the price you pay for a Squire, I'd go for SX instead.....
SX is a brand BTW.

Check the other threads like Cheap Guitars....... alot of info about SX there.

It's also not like a PC where you can just "mod" a guitar to make it sound like it's bigger Fender distant cousin.....

We just "mod" our guitars to the tones that we like.....

Up to you.... SX and Squier to me are around the same standards...... but Squier has the backing of Fender, while SX are much cheaper.