I've owned 2 players cues.
One was bought back in the mid '90s. Beautifully stained wood, actual metal rings with dyed wood inside them, very solid piece. Used it, abused it, it held up like a champ for a long, long time. The shaft had just a
tiny bit of a roll to it. The butt, unfortunately, ended up warping in a spot where it took a nasty hit that gouged it down the the wood, and I never re-sealed it....then I stopped playing for a decade and it sat in a case in random rooms and closets, hot, cold, whatever. I'm assuming it sucked up some moisture on the one side and caused the warp.
I can just start to feel the rings through the finish....almost 20 years later now.
The second one I bought about a month ago, because I had bought a predator shaft to try on the original players butt before realizing that's where the warp was in the stick.
This one, in comparison, feels and looks pretty cheap. The wood parts look okay, the graphics for the points and stuff look pretty cheesy from less than 10 feet away

But it plays just fine for me with the new shaft.
The shaft on the new players is nothing like the shaft from the old one. The wood looks cheaper and it is
really stiff.
Now I have the new butt and the predator shaft for my playing stick and the old butt with the new shaft and harder tip for a break cue.
I would never say a modern Players is a quality cue, but I wouldn't go so far to say it's junk.
If I could find a NOS Players from the 90's, unused and straight, I'd buy it without a second thought.