Yes, I converted my Jetglo from 4 to 5 strings.
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The string spacing is a bit tight, but I got used to it. I gigged with this bass on many occasions.
I also converted a 4 string Precision to 5 string.
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Incredibly enough, I didn't even have to change or adjust the pickup in any way. It worked fine with 5 strings, somehow maintaining even volume between the strings, even the "A" string. I used a Fender "Roger Waters" signature neck for this conversion as it features a 1.75" nut width, so there was plenty of room for the 5 strings up at the nut. It was a bit tight at the bridge, but again, I got used to it. I still have this neck, though the body is gone.