Sorry to hit an older thread, but I'm new here and the Highway One series is one of my favorites. Not knowing if you got an answer yet, I thought I'd chime in.
First, my .02 on the whole MIM vs MIA thing: overrated. There are some great MIA guitars, and some really mediocre ones. Ditto for MIM. Just for the record, I have 2 MIMs (Strat and Tele) 1 Indonesian (Jazz Bass) 1 CIJ (Aerodyne Tele) 1 Korea (Gretsch Pro-Jet) and 8 MIAs (3 Teles, 1 Toronado, 3 Strats, 1 CS Showmaster).
So, I can say with utmost sincerity that it ain't the sticker on the headstock that makes the guitar.
Now, The Highway One is near and dear to me, as it was the first electric guitar I ever purchased (in 2002 when they first came out: Crimson Red Transparent Stratocaster with a maple neck). The satin finish, by most accounts, helps with the tone of the axe and I'd go along with that. It sustains for days. The flatness of the finish in and of itself doesn't do much for me, but after a while of wiping it down after playing, it becomes more of a semi-gloss which looks really cool. But they are prone to nicks and scraps.
The first Hwy 1's (version 1) were great players. Real comfortable and nicely carved bodies. The pups, however, seemed a little anemic to me. I've since pulled the pups out of my version 1 and put in Texas Specials. Man.
The new Highway 1's are a different animal. The finish is essentially the same, but they've beefed up the pick-ups, added a larger block to the trem-unit on the Strat, and generally "took it up a notch". The necks play real fast, as they're not "sticky" like some of the guitars when you first get them (my '52 RI Tele and American Deluxe "V" neck come to mind). I just got a Highway 1 tele, and the neck on that is also super comfortable and super fast. On the other hand, they've gone to larger frets. This is sort of a mixed bag: It makes fretting, on the whole, easier; but it also makes it easy to fret too hard and pull the note sharp.
Like most things musical, it's really up to the individual. But, generally, one does get what one pays for when buying musical equipment. Shop around. I've seen MIM Baja Tele's that simply smoked, and Baja Tele's I wouldn't touch with a 10' pole. Each axe is different. But I personally think the Highway 1 series is a "great bang for the buck".
