I've heard good things about both....someone with a bit more experience can tell you the difference in the single vs humbucker debate, but from experience so far, I like having the humbucker there, but I've rarely used it. I guess it depends what kind of music you want to play. 90% of the time I run the switch with the middle and neck because I like that sound. When I'm playing something like AC/DC, I flip it in the lead(humbucker) and it seems to be louder and sound better with the gain turned up. Of course this is all my opinion and rambling, but I was in your position not long ago. I passed on the Squire and picked up a Yamaha PAC012DLX. Short and sweet, my advice would be if you're decided on one of those 2, play both in all positions on a good amp. See which YOU like better for sound, feel, etc...
Good Luck! Let us know how it works out for you.
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