After screwing around with this guitar for a few
weeks I've come up with a setup that works great for
me:
 
Lindy Fralin pickups (~6.5k neck ~7.2k bridge)
4 way tele switch
500kA p-p pot
  - 220k/220pF between CW terminal and wiper
  - phase switch for neck pickup
TBX tone control w/ .047uF cap
.010 to .046 strings
 
Pickup cavities were shielded w/ copper foil tape along
with bottom and sides in chamber around controls. Star
grounding was used along with 3.3uF cap which isolates
grounds from signal returns. (I don't think that the cap
is necessary but I stuck in the controls from my Peavey
tele that were already wired up that way.)
 
Went back to ashtray bridge after trying a heavy
ferrous bridge with chromed brass saddles. While I
loved a bridge like that on my '81 tele (which is almost
as heavy as a LP) it just doesn't feel right on a thinline
and seems to swallow up a lot of the sound.
 
    The set of controls I wired up for this guitar at first
turned out to be a big loser. 250kA p-p vol pot with
500kA p-p tone pot wired up to switch in a Torres
passive mid boost/cut. The guitar comes stock with 1M
pots and the 250kA vol pot seemed to load down the
pickups too much. As for the passive mid control, I
suspect that it really needs to be used in conjunction
with a regular tone control or TBX because I like how
it works on my strats. The TBX comes in handy for
brightening up the series linkage on the custom 4 way
switch. BTW with the first set of controls I wired up,
the out-of-phase linkages just weren't working well at
all and I was thinking of just dropping the p-p phase
switch but it works great with the 500k pot and TBX.
The out-of-phase series linkage sort of sounds like
Peter Green's Les Paul!
 
    This guitar is a real killer... even stock right out of
the box. I think that they retail for $950 w/ Fender gig
bag but GC is selling them bare for ~$550. Being
semi-hollow it has a different voice than a solid tele and
is amazingly light. Although there is an f-hole only on
the upper half, the lower half is hollowed out as well for
the controls, with a second small cavity under the
pickguard area. (I got one with natural mahogany... it
looks so nice it could double as a coffee table!)
 
Steve Ahola
 
P.S. If you get one you might want to glue the string
ferrules to the body with carpenter's glue since they are
loose and the first time you break a string it WILL go
flying!