I'd likely have been better off staying old school and getting a standard J-bass again, as it seems Fender doesn't do active very well.
Fender is interested in the bottom line... they use the cheapest parts they can get for all their lower cost instruments. The preamp in the Marcus Miller bass is also not very good. Miller's real bass has a Bartolini preamp... Fender could have used those as well.
Geddy Lee complained about the quality of the tuners on his signature bass... he said they wouldn't stay in tune.
And many of the low end pickups are not made anything like the real ones... they have molded plastic bobbins and use steel poles and ceramic magnets. That's not bad in itself, but it's not how the originals were made, and they wont sound the same.
This is not to say Fender doesn't make any good instruments. But people shouldn't expect boutique quality from them.
Best thing you can probably do with a Jaguar is rip out all the electronics and put in some high quality after market pickups and preamp. It's a sweet looking bass... I want one myself!
