Summary: A beautiful instrument which I enjoy very much.
However, it does have its weak points. They don't matter to me (see the update below, though), but if any of these are significant to you, you may want to reconsider.
The bass came with perfect setup, both intonation and action. The PUs
and the electronics provide a good range of tones that are angled more
at rock rather than jazz (but you'd probably tend to go fretless for the
latter, anyway).
The tuning machines are so-so. They hold the tuning very well, but they
have a lot of "latency", meaning that you can turn them for quite a way
(roughly 1/4th of a turn) before they take effect.
The finish is near perfect over all, but is a little rough on the insides
of the cut-aways. The neck is on the thinner side (suits me well), if you
want to get a real handful, that's not it. A few of the frets have
sharpish edges, but can be easily filed down.
It is perfectly balanced on a strap; sitting down it has a small tendency
for neck-dive.
The nut is cheap, but cut well. The bridge, though, leaves me scratching
my head. Works well enough as delivered, but trying to understand how it
works makes me want to change it for something more standard, and shouldyou want to put stronger strings on (comes with .040 to .100), well...
Quite a few caveats, I know. Don't get me wrong, these are for those who
expect a cheap Rickenbacker copy, which the bass is not. I love it for its
strengths: easy to handle and very good sounds. A good bass, regardless
of price.
Update about a year later: That bridge again... Whoever designed that must hate performing musicians. When changing the strings, the saddle parts fall of as soon as you tilt the guitar. God forbid a string breaking on stage! You'll never find that small part again, and I don't think they are sold seperately (not even the entire bridge). Go get another, perhaps even original, part. I therefore deduct one more star from quality.