OK this isn't about a pedal but check out my first blog. Upgraded a cheap Tele copy. Thanks to some advice by some folks here about replacing the neck. It turned out great. Plays great. Sounds great. Looks like an expensive custom shop guitar. I love it.
http://rjkmusic.blogspot.com/
Tele's (well most Fenders to be fair) are built to be hot-rodded.
I've a Telemaster that started out life as a cheapo GFS thing. The guy who had it before me swapped out the neck for a Fender one from a Classic 50s strat. He also Esquired it with a lovely bakelite pickguard that he made. I then traded a pair of pedals for it and swapped out the bridge and pup for a TV Jones filtertron. Currently the only remaining bit of the original guitar (the body) is being replaced. That's going to become a thinline of some description.
My Baja bears little resemblance to when it was new. The pups went, which were decent to be fair, but I don't like Tele neck pups. So in went a neck humbucker. The S1 wiring went as I like simplicity. Then the poly finish went after it took a trip down a concrete driveway... So it now has a nice oil and wax finish.