There was also something pragmatic sticking w/ my strat - w/o resorting to modeling and though not exactly accurate, that guitar allowed me to recreate sounds that were reminiscent of other guitars, w/ the various combinations of pick-ups and by messing w/ the tone knobs a bit. You can get something telecaster-ish, or something that sounds a bit like those old jazz guitars, plus the usual variety of classic strat tones. Those are versatile guitars.
Which I guess contributed to the fact that this guitar became THE guitar for me.
Of course, by today's standards, it probably be the best option. But then again, trying to emulate something that sounds like a horn or that's evocative of a mellotron w/ a guitar made for some pretty unique type of sounds, whereas now, you can get a much more accurate emulation - which is a lot more efficient but doesn't do half as much for your creativity.
BTW, I'm not putting down emulations - I'm a junkie for that kind of stuff.