I agree that it's unusual to play a poor one, however I've only ever played 1 which I felt "special". Each time I've picked up an ACG I've thought "Wow!" - necks always feel special and high quality - not so with Rays unfortunately.
I agree with Japanese (and others now) models feeling equally as playable as the US models. In fact I tried a US and Squier Model Jazz in an outlet and the build quality - the neck pocket fit in particular - was better on the Squier.
I started playing in the 80s - the build quality on Fenders at that time was abysmal. The world leader had virtually thrown away it's reputation because of the poor quality of the instruments it was producing. That has tainted my view of Fender ever since and I've bought less than a handful of Fenders as a result.
If they had stayed on top of their game there would be far fewer companies churning out P/J copies today. In effect Fender didn't just leave the door open for their competitors they held it wide open, invited them in and let them leave with the family silver.