Here is what I gather from my time on the forum.
G&L points
-G&L basses have hotter pickups, which can be a plus or minus for some.
-They have somewhat poor resale when compared to FMIC products. Buying brand new will cost a pretty penny, while buying used will save you a ton. Check TB classifieds.
-Their quality seems to be more consistent. Actually, I've never read a poor review on a G&L instrument on this site.
-Their American products are exceptionally made, as are their import Indonesian products. The G&L Tribute series are an excellent product, built to G&L's standard of quality. These instruments can also be built to your specs.
Fender points
-Fender basses are an industry standard.
-Their quality can be inconsistent, requiring additional tweaks before becoming playable. Many threads in favor and against FMIC can be found here.
-Resale tends to be decent.
-Easily modifiable.
Those are all the pros and cons I can think of between these two companies. I own two American basses; a Fender Precision and a G&L L-2000. While I cannot testify to the attributes of the LB-100, the Fender Precision is an incredible instrument which has certainly earned its reputation as a must-have bass. Judging from experience with my G&L (which is an amazing instrument in it's own right), I can determine the LB-100 would be a more powerful version of Leo's Precision bass, and you'd be less likely to encounter issues with it.
Verdict: LB-100. You can't go wrong with G&L. My own opinion and experience. Hope this helps.
G&L points
-G&L basses have hotter pickups, which can be a plus or minus for some.
-They have somewhat poor resale when compared to FMIC products. Buying brand new will cost a pretty penny, while buying used will save you a ton. Check TB classifieds.
-Their quality seems to be more consistent. Actually, I've never read a poor review on a G&L instrument on this site.
-Their American products are exceptionally made, as are their import Indonesian products. The G&L Tribute series are an excellent product, built to G&L's standard of quality. These instruments can also be built to your specs.
Fender points
-Fender basses are an industry standard.
-Their quality can be inconsistent, requiring additional tweaks before becoming playable. Many threads in favor and against FMIC can be found here.
-Resale tends to be decent.
-Easily modifiable.
Those are all the pros and cons I can think of between these two companies. I own two American basses; a Fender Precision and a G&L L-2000. While I cannot testify to the attributes of the LB-100, the Fender Precision is an incredible instrument which has certainly earned its reputation as a must-have bass. Judging from experience with my G&L (which is an amazing instrument in it's own right), I can determine the LB-100 would be a more powerful version of Leo's Precision bass, and you'd be less likely to encounter issues with it.
Verdict: LB-100. You can't go wrong with G&L. My own opinion and experience. Hope this helps.