Does anyone foresee the day that only Custom Shop instruments will be MIA, and everything else will be made elsewhere? The only remaining step for the MIM's would be reinforced necks, and Am. Std. pickups.
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MIM Standards? Maybe, but they weren't bad then, and they're not bad now. Some have always been better than others. The Classic series instruments and other special runs, on the other hand, may be made in Mexico but I don't put those in the same category as the Standards. They're different instrument lines built to different specs.
Overall I think they are wonderful alternatives for someone who can't afford a $1000 bass.