"Licensed by Fender" is such a tricky claim. Are AllParts necks somewhat decent? Would one be an okay replacement for an MIA Fender neck?
They sell various levels of quality, I think. Have you considered a CIJ neck? What bass is this going on?
I owned a blocked and bound rosewood Allparts neck and I thought it was VERY nice! I sold it just because I really didn't have a bass to put it on.
I owned a fretless jazz made with allparts parts, it had a flame maple neck with an ebony fboard and it was definately the most solid neck I have ever laid my spindly fingah's on.
also I think the whole "Licensed by Fender" just means they are licensed to use the same headstock shape as fender.
great stuff those allparts necks......the neck on the bass in my avatar is an allparts neck....tele style headstock with a jazz neck width....one of my favorite basses I've ever owned....