The Artist model is definitely a mystery. It's kind of in between just a plain jane replica of a '62 jazz bass and something like the Kaufmann CS basses. It's got the fretted clay dot looking dot pattern/fret slots cut in the board, but a simpler poly finish on it (almost certainly much easier to mass produce). There's no attempt to "relic" the finish, but it's got some Jaco touches like P bass knobs on it. The pickguard is also not installed, but a beautiful Tort pickguard and the two vintage ash trays are included in the case with the bass. The backplate has "Jaco" written on it in cursive (unknown if it's actually a replica of Jaco P's actual signature).
Go figure. What was on the mind of Fender? Anyone's guess is as good as any other

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But I'm glad they make it, because it's probably my favorite Jazz bass of all time. I'd only trade mine for one of the Kaufmann sigs + however much cash I could rob from the local bank. I'm not into the CS relic'ed version.
It has all the same charming problems a '62 JB has too, like the sticky/siezey Plutonium reverse tuners, the total PITA to adjust TR nut, the old-timey strap nut on the back of the headstock, etc. that really bring a smile to your face when you pick it up.
So to me, it's one of the true gems in the Fender sig line, like the Tony Franklin....
L