Similarities to the classic RG550 include a basswood body, a tilt neck joint with a stamped metal plate, a maple fingerboard with dot position markers and an original Edge double locking tremolo bridge with a locking nut. Differences include a five-piece laminated maple and walnut neck (the original neck was one-piece maple) and the pickups which are a pair of Ibanez V7/V8 humbuckers flanking an S1 single-coil (the original had Ibanez V1/V2 humbuckers, with the switch to the V7/V8s happening in 1994).
 
Model: RG550-BK
  SPECIFICATIONS
| neck type | 
Super Wizard/5pc Maple/Walnut neck | 
| top/back/body | 
Basswood body | 
| fretboard | 
Maple fretboard/Black dot inlay | 
| fret | 
Jumbo frets | 
| number of frets | 
24 | 
| bridge | 
Edge bridge | 
| string space | 
10.8mm | 
| neck pickup | 
V7 (H) neck pickup (Passive/Ceramic) | 
| middle pickup | 
S1 (S) middle pickup (Passive/Alnico) | 
| bridge pickup | 
V8 (H) bridge pickup (Passive/Alnico) | 
| factory tuning | 
1E,2B,3G,4D,5A,6E | 
| strings | 
D'Addario EXL120 | 
| string gauge | 
.009/.011/.016/.024/.032/.042 | 
| nut | 
Locking nut | 
| hardware color | 
Black |