So how would this compare with the Fender Modern Player Jaguar Bass? Is it worth $500 more? Especially considering you could do $500 worth of upgrades to the Jaguar and probably be way ahead?
I don't think that any of the Jags put the P pickup in the right place but maybe that is not important to you. The pricing of this special run does seem wrong. They don't have a specs/features list published yet so maybe there is something there that justifies the price. Based on the little I know now I would vastly prefer either a Reggie Hamilton Standard Jazz for the same price, or the Deluxe P Bass Special for $200 less over this one. I'm guessing a limited edition MIM bass isn't really going to have enough collector value to justify a premium price.
Ken