The all new and improved, Danelectro Hodad!!! This is my 6th Danelectro bass. I sold all the others. Various models, but I had the old Hodad. Which I loved. I loved them all actually, but each had one of 2 things that made me not want to hold onto them. The neck that had to be removed in order to adjust the truss rod, and/or the non adjustable bridge. The new Hodad has an adjustable bridge, and you can access the truss rod at the headstock. Why I give this bass the award for most underrated bass: First, nothing sounds quite like a Danelectro, and only those who have experienced them know what I'm talking about. It's thick, gooey, punchy, and sits in the mix like nobody's business. Has a barky quality too that's all it's own, and it sounds like none of my other basses. Really works well in a band mix and cuts through like a razor, but not because of lots of clackety highs. It's got just enough top end to do the job, and just sounds awesome. I know some might find this frightful, but when I had my old Hodad I brought it to a few gigs and ABed with an American made P deluxe. The hodad had way more balls, and in 2 seperate settings the band liked the tone of the hodad more. Thought it had more punch and more character. While I just got this bass today and haven't brought it into a band setting, I immediately smiled when I plugged it in for the bedroom test. Has the same Danelectro character that I'm sure will shine when it gets to a gig. The other things with this particular Dano that stand out though (aside from what I already mentioned) are first that the fit and finish were flawless. Even the neck pocket was wicked tight (not really sure what that has to do with anything, but people always talk about it). The paintjob is perfect, and even the tape around the body is a bit of an upgrade from the older stuff. It has a pattern in it that's a little more intricate than remember seeing on the others. The neck is also painted but not sticky, and the nut I think is graphite, something I never saw before. Looks cool though. Frets aren't sharp at all, action is great, the bass came with a great setup... and the price is super right, if of course you have a 20% off coupon from musicians frined. Oh yeah, I noticed too that the upper frets are real user friendly. Easy to get to because of the way the neck is set in the body, and there are 24 frets. I can even squeeze a note out of the non existent 25th. Last but not least, this thing feels like it weighs about 6 or 7 lbs. Most of my basses are in the 10 lb and over range, so it doesn't really matter much to me, but it does feel kinda awesome hanging on a strap. If you feel differently and think the award should go to another bass, please post that bass and your review of it. As far as I'm concerned, this one is it.