Is this guitar any good?

I am on a low budget and can't afford a fender deluxe strat right now. So I have decided to buy the Squier Hot Rails Deluxe Strat. It is $270 right now. I have checked the reviews on many different online sites that say that it is a good guitar. I want to go to the store to try it out, but I can't for a few reasons. To anyone who owns the guitar, please give a thorough review on the guitar. It would really help.