Truth. And if you want a piece of that Fender history, the classic look, or an old school Fender bass that's not an old bass, hasn't been refinished or whatever, the CS is there for that. And a lot of guys do what a piece of that Fender thing. As demonstrated by how many guys put Fender decals on their non-fender basses or replacement necks.
I think the part about how the Fender name turns some folks off is very true, and IMO a little strange.
Maybe it's because Fender makes such a HUGE variety and quality ranging from squire to the CS that the CS is somehow thought of as not as good by some? Like everyone in the world (regardless of income or status) has access to a fender, so it somehow dilutes the value. Like if your (nearly exact copy) of a fender Jazz bass says Suhr or Sadowsky, it lets people know that your bass is top of the line, but if it says Fender, people might mistakenly think you are just playing a lowly AM Standard and are just one of the masses who shop at Guitar Center. --
That's why I am always sure to show everyone I come across the CS stamp on the back of my headstock 



Kidding of course. My bass is very special to me, has a personal history, and like I said in an earlier post, its a great player and inspires me to play. Not trying to put down anyone or their choices, so please don't take my comments that way.