Old kit, and cheap old kit especially tends to have crap inside of it. I got a £50 Squire P-Bass of ebay that was a piece of junk! The wiring was like a child had done it, cheap as you like kit and a tone dead pickup.
The solution
- Select (by EMG) P-Bass pickup = £20
- New pots = £5
- Orange drop 0.047 uF capacitor = £0.80
- Getting a smooth and responsive sound from a piece of junk = Priceless
I know you may think dam, that's half of that bass's value, but it really transformed the sound into a real P-Bass tone! Ok, its not as good as a custom shop Fender, but its a very good cheap one.
Below is me playing it at 'The Underworld' in London:
http://uk.youtube.com/watch?v=LbBGqIF80nQ
(sorry for the UK currency, but hey, im English)