Not saying that outsourcing is good or bad, but the reality is that tons of companies have been doing the outsourcing for quite some time now. Gibsons and Fenders made within US borders are very pricey; part of that is due to those companies trading on their famous branding, but a big part of it is due to skilled labour rates at home - and, to a lesser extent, cleaner and healthier working conditions. The Asian tigers haven't yet come to a point where their workforces are demanding more money and better conditions... they'll get there but in the meantime they can still make amazing stuff for much less dough.. owing to that tremendous standard of living differential. But take a look at Mexican Fenders, too... great bang for the buck there, too and in terms of sheer playability I've played some that were easy matches for their American-made counterparts. Much depends on what the customer base gets used to. Mexi Fenders have been around for so long they've become quite acceptable - even admired for their value relative to an American Standard Strat or Tele.
Most of my guitars were built in Korea within the last ten or twenty years and they are fabulous instruments. Modern C&C techniques makes for better guitars from the get-go, no matter where in the world they are produced. But beyond components that better fit together in general, there are still lots of relevant issues remaining - choice and quality of tonewoods, quality of finish and hardware, etc.
Godin is really bucking the outsourcing trend, but they're doing it very successfully. That's due to a very strong company vision and philosophy and immense pride in their legacy. Guild could make solid body electrics again on their own turf but they'd have to really want to - and their parent company would have to be into it big time, as well. I really don't know that we'd ever see that. It would be nice, though. I'm guessing that Fender fears brand dilution and would prefer that all solid body electrics made by them bear the Fender logo.