I just picked up an SE as well for $75...this is brand new with the wrap still on the pick guards. It is a nice piece. I am just debating whether or not to put in a GFS loaded pickguard...maybe a HH setup for something different.
From wat I have found out about these SE's they look pretty good.
A post at a different site says FDP - Forum that the SE is:
"...upgraded version of the Affinity Strat Pack they sell. (Very basic with good necks but a lot more chintze) The Affinity pack gets you the small neck and thinner body for beginners. The SE however gets you pretty much a "Standard Strat" with a regular size Strat Body and a "C" shaped , small headstock 21 fret neck."
I also checked with a contact at Fender and was told that these are modified/upgraded Affinity's. Using the Standard's body and different necks.
John