I've owned one for 1.5 years now and the only thing I've changed are the pickups to a set of DiMarzio Titan 6's. The guitar came perfectly setup. There are a couple sharp edges on the fretboard, but nothing too bad. The locking tuners are incredible quality and also the bridge which is very comfortable (more so than a Hipshot bridge I have on my other guitar).
I got my guitar new for only $600 and it's worth every penny. I've heard stories of poor QC with the Iron Label series, but I must've lucked out because mine arrived in great condition.