My model is a 2013 USA-made one with swamp ash body and rosewood fretboard. It was in basically new condition, doesn't look like it was removed from the case.
Construction quality is excellent. I can't find any flaws. Fit and finish is excellent. I'm extremely impressed with the necks on these. It's fast, can take low action, and even if you slam the strings it doesn't buzz.
I personally like the sound, but I could see that being subjective. This bass has output similar to an active bass, but it's totally passive. The pickups can be harsh and are really, really loud if you don't dial the volume back a little.
I don't think it's fair to say this bass is "less versatile" than a P-bass. It's more like a P-bass on steroids. My take on it is you are suppose to favor the P pickup and the J pickup volume IS your tone knob. It's a bass for P-bass players that don't typically roll their tone below half way and would like having a bit more top-end to be available as needed.
You can get a surprising array of tones with this bass just with two volumes.
So far I've tried :
1. 80% P pickup -> Vintagey Precision with tone @ 5-7
2. 100% P pickup -> Hot, biting Precision
3. 100% P 80% J -> My favorite, sounds like a P with more punch
4. 100% P 100% J -> Cops a hot Jazz sound
5. 80% P 85% J -> Cops a vintagey Jazz sound
6. 80% P 100% K -> Really biting with a little low-end support
7. 100% J -> Not that useful, too harsh
G&L SB-2 (Second Generation)