Fender has finally announced when itsSquier Stratocaster guitar, the one built and licensed for Rock Band 3, will be available and, more importantly, how much it will cost prospective rockers. The guitar is expected to be released on March 1, 2011 for $280 (with pre-orders beginning January 1). The Strat certainly isn't cheap, but it's competitively priced in the world of electric guitars.
It is an actual guitar, after all, as opposed to the 102-button Mustang controller from Mad Catz, and the Squier is expected to provide a greater level of realism to RB3's Pro Mode. In addition to teaching players some real rock chops, Fender's guitar can also be plugged into an amp and, like the Mustang, serves as a fully functional MIDI instrument.
It's worth reiterating that Mad Catz's $40 MIDI PRO-Adapter is required to use the Squier with RB3. And it should also be noted that the Squier can't be used to play the game's standard modes, meaning you'll have to resort to a good ol' plastic guitar if you want to rock along with the classic multicolored gems.