I've got some Wolfgangs. Two Peaveys one a Special and one a Custom and I have a EVH Natural Blonde. I've had one other Pat Pend Wolfgang I traded for a 83 Pacer.
The Peavey Wolfagang is by far my favorite guitar. I've owned $4500 PRS and the EVH Natural Blonde is over $4000. Not that the Peaveys are "better" they are my personal favorites for many reasons. The EBMM Eddie Van Halen Signature guitar... not the Axis, just for clarity... is a great guitar and guys who love them LOVE them. For me the neck is a bit too small. But the build quality is there and the pickups sound great.
The Peavey neck is a bit wider than the EBMM and the EVH Neck is thinnest and widest of them all.
Of the two Peavey's I have the White Special with Maple neck is a slightly different neck profile than the Custom. The Custom has a more pronounced asymmetry.
I play in a local cover band about 50 nights a year and the Peaveys hold up. The set up excellent with no issues I have to compensate for, the play killer and are well balanced and are just under 9 pounds, the tones are both classic rock and 80's as most of the 80's tones were out of that classic late 60's to 70's lineage.
I own a 69 plexi with no mods and a 2015 ReVv Generator 7-40. The Wolfgang through the Plexi nails EVH's best tones dead on. Throught the ReVv I can get modern and classic tones with no issues. For this reason I use the Peavey's live and for recording. I simply have not found a better guitar and I've owned over 70.
The USA EVH Natural Blonde has a USA Floyd and the Peavey's have the Gotoh 1996 Tremolo. Some people complain about the Gotoh but in truth I cannot hear a difference and there are no performance issues with it.
The Pat Pend I owned was very nice and had a great tone. Unfortunately someone had re -crowned the frets to a very low and uncomfortable profile. A 83 Pacer came along and I traded without hesitation. But I would trade that pacer right no for the right Peavey Wolfgang Special. The Pacer sells for about double a Peavey Special.
At the end of the day its got to be right for you so hope this helps a little.
I have shredder GAS - strat style, floyd, hh or hsh...
Found what i believe to be a decent deal on an older Peavey Wolfgang. It's the "special" model, so pretty plain-jane, but I'm a home player so I don’t mind. Has a great rep from what I've googled. Is there a better bang for the buck, not too pointy, option that I should be considering in the sub-$800 range? I was originally looking for a MIJ Charvel, being more strat-like, but I can't find much that's not a neon color (I'm a little more conservative), and I figure the US peavey may be better than the more recent MIM charvels...