I probably shouldn't have bought this bass. I know that. But...sometimes you pick up an instrument and instantly you're able to play the things that were in your head but couldn't translate to the fretboard on other intruments. That happened with this Made in Indonesia Peavey Cirrus BXP.
First the Good:
1. It was $80 out the door.
2. It plays ridiculously easy.
3. The neck adjusted perfectly and the action is slammed right against the frets with no buzz at all, can't ask for more than that.
4. From the front she's a looker.
The Bad:

1. MANY small cracks in the headstock, like 5 or 6.
2. Someone had already tried to repair some of them, poorly, with Super Glue.
3. There is either a crack in the finish, or the wood on the side of the neck. Haven't decided what to do about this.
4. I added the beautiful Gorilla Tape on the back to hide the attrocities until I decide if refinishing, or even a piece of veneer for the back of the headstock is warranted.
5. Both battery connectors needed replacing, one was broken completely and the other was split in half and not soldered to anything appearantly.
Since some yahoo started the repairs with Super Glue I wicked some more in the areas I could and let it cure overnight tightly wrapped in rubber bands. Not the perfect way to fix this but most of the damage was already done.
I let it rest a full 24 hours, tuned it up, installed 2 new 9V batteries and blindly went to band rehearsal (should of taken a back up but I wanted to live dangerously).
To my utter disbelief the bass performed perfectly. Not one iota of evidence that the headstock was as messed up as it actually was. Kept tune perfectly, played perfectly, sounded amazing.
I'll never sell this one because lets face it... no one other than me would buy such a mess, luckily its a player.