Never pay more than $500 on a Korean/Mexican guitar. Never pay more than $200 on a Chinese/Indonesian/Malaysian/Whatever guitar. The Koreans are making better guitars these days and they're costing more too, but the best guitars in the world are either Japanese, US, or custom shop made.
Never pay a lot of money for a guitar unless you know where it's made. They could build the most amazing guitar ever built in Indonesia, but labor is so cheap it wouldnt cost very much here, so they don't. It's silly to put expensive/high quality parts in a guitar made by cheap labor since
1. It's not Jap/US made so the elitist snobs with the money to afford it are going to scoff at it.
2. The labor is cheaper so they're better off working on volume rather than quality.
My advice to you, fuck Gibson. They're WAY too expensive for what you get and despite being American made, Gibson has by far the worst quality control of any American guitar maker, and by far the highest prices of anything mainstream. Fender is a much better deal, but they sound different.
What kind of sound are you after? I play a lot of heavy blues and metal and I LOVE my Japanese Ibanezes. They're the best playing guitars you can buy for hte money and they come with world class hardware standard. You can get an RG570 for $300 which is basically the same thing as a new RG1570, which is a $700 or so guitar.
I have an RG520, it's a mahogany bodied RG and it's one of the best guitars I've ever played and it also just fits me and my style really well. I got it for $350 with a case.
Buy used, it ill save you a TON of money and unlike other goods, guitars dont really depreciate over time, they dont get updated every year, a 30 year old guitar can be just as good as a new one, it just depends on condition, and even that may mean nothing as far as the quality goes.
Some of the higher end Korean guitars are very nice, like the ESP 300 series guitars, and the 1000 series guitars are supposed to be phenomenal, but I cant bring myself to pay that much for a guitar made in Korea.
A friend of mine has a Japanese made Jackson DKMG, really nice axe. Just as high quality as my Japanese Ibanez, just doesnt fit me as well. Still a very nice guitar.
Deans are kind of meh, same with Washburn, but the fact is that most Korean guitars are all made in the same factories, most of them are made by Samick. Korean guitars have done much better in recent years so just make sure you play one first.
Schecter is another company that gets rich charging way too much for Korean made guitars, but they actually put some quality into them, and you're not paying extra for a dodgy Floyd Rose (I had my fair share of problems with crappy floyds, and now my friend's crap Floyd wannabe on his Jackson is acting strange). Never settle for a licensed Floyd unless it's on an Ibanez, and even then make sure it's one of the NICE Ibanez Floyds. You have to be VERY careful with those, a cheap Floyd will ruin a decent guitar.
So to recap, I'd look at these brands:
Ibanez
ESP
Schecter
Fender
Also, realize that you can get Japanese Fenders for pretty cheap and Japanese Squier strats for cheap as well, they cost more than the average mexican strat, but they're nicer also. Fender contracts their Japanese production to the same factory that Ibanez uses, and Japanese quality is not on consistent, it's good. The floyds these companies put on their guitars are not always great, though, which is the case with some of the cheaper Japanese Jacksons.
Anyway, check out the harmony-central.com forums, I'm DirtyBird over there as well. Lots of smart guys.
And one thing you're going to learn, find a guitar that feels good to you and sounds good enough, because when it comes to hard rock, your amplifier is most of the sound. If you find a guitar that feels good to play (usually it's going to be a higher end Korean guitar or Japanese one unless you can afford American) then stick with it, you can always swap pickups later and your amp will define most of your sound. I got myself an Ibanez I fell in love with and from there you figure out what kind of sound you want and what the best amp to get there is.
Peavey Rockmaster pre amp
Peavey Classic 120 power amp
Both tube-driven
Ibanez RG520
Sorry it's a little blurry, but this is my 5150 and the rest of my guitars.
The number 1 criteria for the quality level of a guitar is generally going to be its country of origin due to the way manufacturers tier their product lines. Always look at this. If it's made in Craponesia, with all respect to the Craponesians, their labor is cheap and the companies arent going to give them the nicest wood and hardware to make their warez.
Also, remember this if nothing else - If you cant play it first, buy it used so you can flip it for what you bought it. Used gear is a GREAT thing, ESPECIALLY for guitars which rarely have severe problems, as long as the neck is straight and not cracked, you're usually good to go. Guitar circuitry isnt nearly as fragile or expensive to fix as amps are, and wood doesn't rust.
