Next, I replaced the stock tone pot with a Fender TBX stacked pot. These are very interesting, in that you've got a 250K pot that goes from 0 to 250K in half the sweep (full counter clock-wise to center), and a 1M pot that goes from 0 to 1M in the other half of the sweep (center to full clock-wise). The stock TBX arrangement allows you to create a fascimile of a no-load tone control, which is fine, but it can also be set up to work as both a treble and a bass cut, using the circuit below, which I found through the magic of google:

This makes the tone control a treble roll off from 5-0 (full roll off at 0) and a bass roll off from 6-10 (full roll off at 10) At the center, with a convenient detent, it's like the standard tone control on full. I wound up using a 0.001uF capacitor on the bass roll off for a more dramatic effect. I got the TBX on eBay for about $15, plus a couple of bucks for some different capacitors from RadioShack. Note that the TBX uses a standard sized pot shaft, so you'll have to drill out the Hallmark knob sleeves a tad to get them to fit.
So, what does this all sound like? Pretty cool I'd say. The full volume setting has more presence and the treble bleed cap keeps the tone pretty consistent across the volume levels. The TBX really makes a big difference - by rolling off the bass, I'm able to get more Fender-y tones. This is especially useful to me on the "Strat" settings, ie neck+middle and middle+bridge, but it's also useful in the other pickup settings when I want less beef in the tone.
Here are pictures of the installation:

