Fenders were never Boutique basses. That's laughable. They were modular, affordable, and disposable.
Remember the highly touted bolt on neck? Designed so that When, not If the neck warps It can simply be replaced
Leo fender was a genius that designed a cheap plank that was so playable and good sounding that it became the recording industry standard for decades, but Boutique? Never.
Just for the record I play Warwicks. I don't consider them to be Boutique either. They are ridiculously overpriced Professional instruments made in a Giant Factory in Germany. They simply give me the sound and playability that I prefer to use in my musical endeavor.
I suggest we put aside any reverse gear snobbery and play what we need to get our jobs done and be happy.