I played one of the P-basses recently. It was nice, has a very nice feel to the neck, no sharp frets and the edge of the board is very smooth.
Sounded just like a good P should too. That's the only one I've laid hands on but it was definitely a good deal better than any of the previous generation Mexican built basses, and I've tried plenty of those.
BUT...it's worth noting that Fender's Standard line has been "upgraded" on the current model, and to my eyes, ears, and hands they are identical to the Road Worns, minus the distressed finish of course.
So much so that I bought one and I'm loving it.
I'm not saying the Road Worns aren't worth it if you dig that look, but at roughly half the cost the Standards are looking like a real bargain by comparison, even with the recent price increase.