Bought this for a 80's cover band: I wanted a bass that could be as versatile as possible (thus the active circuitry) and I needed the extra B string. I'm not a bass player so I haven't played a lot of basses before (I had a Squier VM Jaguar).
Overall, I'm enjoying this bass: looks nice, feels nice (not much of nose diving, for exemple). I'd say it's really good for the price, I think it stands the comparison with much higher priced basses.
Where I think I'd like to improve it is in the electronics: right off the box the bass sounded ok (it just needed some fine tuning in neck and strings), but I'm not totally convinced by the passive tone control, I feel like it's not changing the sound as I'd like it to do: overall, the bass doesn't sound as brighter as I would like to go, even with the tone control on "10", maybe this is an attempt to make it sound "old school", I don't know. Of course, please consider this as a very minor "flaw". In regard of its price, the bass is really good. If you have the time and energy to upgrade the electronics (maybe also the pickups), it can become a WONDERFUL bass!