geez, I hope not 
The Deep 4 is a totally different beast. I don't see the Monarch 5 fretless stepping into that territory much, if at all. My goal with the M5 fretless is to get somewhat back to the days where I would show up as house bassist for a jazz/blues jam and play fretless the whole night long. In that case I'm not trying to cop an upright vibe, but instead just wring a bit more out of the notes as opposed to fretted. Of course getting where my playing is these days, who knows how that will play out. There was a time when I played like 95% fretless. These days it is almost reversed, and for some gigs I don't bring a fretless at all.
I bring two basses to every show, so for a straight jazz hit it is RA and one of the fretted - 4-string if I'm just "being a bass player," 5-string if I'm going to do some comping. For Steely Jam, it is 4-string fretted, though I used to cover those gigs with fretless 5 (B-G). Karaoke is a 4-string as there generally is two guitars and keys. For my band I'm figuring it will be the pair of 5s, though some tunes I have arranged for 4-string and play banjo on a song or two so maybe two isn't enough
I'm still going to hold out at five basses max, and may try to drop down to four. Depends how they all fit.
The Deep 4 is a totally different beast. I don't see the Monarch 5 fretless stepping into that territory much, if at all. My goal with the M5 fretless is to get somewhat back to the days where I would show up as house bassist for a jazz/blues jam and play fretless the whole night long. In that case I'm not trying to cop an upright vibe, but instead just wring a bit more out of the notes as opposed to fretted. Of course getting where my playing is these days, who knows how that will play out. There was a time when I played like 95% fretless. These days it is almost reversed, and for some gigs I don't bring a fretless at all.
I bring two basses to every show, so for a straight jazz hit it is RA and one of the fretted - 4-string if I'm just "being a bass player," 5-string if I'm going to do some comping. For Steely Jam, it is 4-string fretted, though I used to cover those gigs with fretless 5 (B-G). Karaoke is a 4-string as there generally is two guitars and keys. For my band I'm figuring it will be the pair of 5s, though some tunes I have arranged for 4-string and play banjo on a song or two so maybe two isn't enough
I'm still going to hold out at five basses max, and may try to drop down to four. Depends how they all fit.