My Lakie is a 4-94, bought off Ebay for $1500. It was in fairly good shape, almost no dings to the body, perfect frets, etc. There's a bit of rusting on the rings of the pots, and the bridge is a bit oxidized, but I don't care. This thing is incredible. It has the lowest action of any bass I own (and I own 25, to include 6 Alembics) with the strings I use (DR High Beams, .40-.100), no small accomplishment. It plays like butter, and I absolutely love the coil tap switch on the MM pickup. Why Ernie Ball doesn't do that (ability to choose between coils, to include the back coil alone on a Stingray HH) is beyond me - it is so damn versatile. I'm not sure what is meant by dip switch settings, so I'll leave that one alone. The pic is the actual Ebay Pic as I don't have any of me with it, but it's mine!
It's such a good instrument that when I had to bring a bass with me to Korea, I chose the Lakie over other basses I own. Dan Lakin knows what he's doing. It's light, a tonal chameleon, and the quality and workmanship are world class (it's about the only bass I own, other than my Pedulla MVP that comes close to my Alembics in terms of quality and craftsmanship). For my money, a bassist could do a hell of a lot worse for the same money, that's for sure.
My two cents,
Alan