hi wraub
I started playing bass in 1982 on a borrowed bass in our local youth club.
In '83 I bought my first bass, which was crap and got replaced in '84
by a one year old, used Squier Jazz! (dirt cheap!!!

)
(btw one of the best Squiers I ever played, I know these instruments)
I love 80s Squiers!!!! But they were not the "newsuperhyperwunderwaffebass" either!
The list price (new!) was lower than a Tokai! (Fenders hardest low budget competition)
I will certainly not bash the JV or SQ Squiers. I just want to demystify them a little bit!
"authentic vintage specs" meant:
The same crappy bridge they had alway used ( mod number one => Badass bridge?)
A visible grounding strip between the pups and the bridge, instead of a wire connection. (mod number two)
Weak pickups (compared to what was availible, mod number tree => dimarzios?)
and heavy vintage style open tuners (The cheap gothos on Ibanez Roadstar basses were better!)
And of course in good old Fender tradition, available in 3! different colours,
one of them sunburst /tort, the nightmare of every young bassplayer in the 80s

(Tokai had a lot more!)
So why are they they considered the "holy grail"?
The answer is very simple!
For the first time since CBS bought Fender, they had a product that was not hit or miss.
Squiers were consistent! The Japanese had invented quality management in the early 80s
which was unheard of in the western hemisphere.
Fuji gen gakki applied this to all their products one of those beeing the Squiers.
"The myth" of the "legendary Japanese quality" was born.
You could take 10 Fenders back than and they were all different (everything from "a dud" to "great")
Now you took 10 Squiers and they were all the same
(all the same duds or all great, depending on who you asked) actually a good overall quality and affordable.
That' s why they they became popular!
greetings
Wise(b)ass