It's been said already in this post by me and by others, but I'll say it again: I remember a time when it was not cool to be playing a stale, crusty, and boring Fender or clone - especially a Precision. At that point in time, more modern styled basses like those put out by Ibanez were more popular.
But the style pendulum swings back and forth, and what was once stale, crusty, and boring is now classic, road-worn, and understated.
The pendulum will swing back. Who knows, maybe I will with it - I like to keep my options open. Only time will tell.