In the UK the new Indonesian CV guitars are cheaper than the Chinese CV's used to be, and the Indo CV's are really just slightly upgraded VM guitars. That may be the reason why the quality is perceived to be lower. My only experience with an Indo CV has been with a 70's HSS Strat. It was OK, but I didn't like the larger headstock. I don't think there's any likelihood that Fender will introduce a more high end Squier series as the reason for changing to Indonesian production was to widen the gap between Squiers and the Player Series.