I have always kinda wanted a vintage Fender P, but my '78 is just awesome. I have had a hard time wanting to part with thousands for what is essentially the same bass. Plus, I already have four basses I've been kicking around getting another custom bass made by Rob Allen (a P bass copy actually), but it's a bit out of my price range right now. I want a bass I can gig with, not a museum piece. Right now I have other basses, but none is a "true" backup for my 78 P. Anyway, a few years ago my friend started talking about the Tokai guitars from Japan. The early 80s ones are supposed to be excellent, and he has the Love Rock (Les Paul clone) and a Strat copy. They got sued by Fender in the early 80s because they were (arguably) doing too good a job of doing reproductions even down to the headstocks. They supposedly even analyzed the waveforms of the pickups of the instruments they were copying so they are that dead on. Their basses, for those who bought them, have raved. I've been looking at a few Hard Puncher basses (the P copy) on eBay recently, but none have been the '57 or the '60s copies. I could tell because the site http://www.tokairegistry.com has copies of the old catalogs. My friend sent me the link to this one, and I figured if it went cheap enough, I'd get it. Sure enough, I wound up winning it for $330. To put things in perspective - I paid $400 for my P back in 1988 or so, so I value a good bargain. One of the reasons this one goes cheap is because the lawsuit era which had the exact Fender headstock copies are more wanted, but this one is the same except a headstock tweak. It's still almost the same. The APB-'57 is a copy of the 1957 Precision. For specs, check out: http://www.tokairegistry.com/images/catalogs/tokai_85-86_electric_p5.jpg My APB-'57 is sunburst. I haven't plugged it in yet (will do so tomorrow), but once I took it out of the shipping box and played with it unplugged, I knew I had a good bass. The neck is great out of the gate - it plays at least as good as my current P. It's a blond neck, while my other P is a rosewood fingerboard. The V shape is a bit different than my current hunk of wood, but feels similar as you get closer to the body. The setup is not me at all - roundwounds and low action, but it's fun to play. I'm glad I pulled the trigger on it. I'm going to get it set up with my strings (Rotosound RS77LE set) and put a BadAss II bridge on it like my other one with extra metal plates to raise the action more, and then I'll report back. I would never mod an original, but for $330, no problem! I'll also post once I plug it in and do a comparison of my '78 P to this one.