I'm a new owner of a black one, and I love it. It has a little more modern sound than the standard P I had been using, but it's a great tone to me. I really appreciate the versatility of a P/J pickup configuration, and I don't think you could find a better one for the money.
Oddly enough, I haven't found a need to adjust the original setup either, which is a plus.
I picked this guitar up in a shop recently to test a bass head, and ended up walking out of the store with it 30 minutes later!