All right, here are the pictures I promised; only a week late. Sorry about that, I have been having a blast playing this thing.
The Panga Panga fingerboard is actually quite striking, and does look rather like wenge, like many have said. I will say I far prefer the feel of raw wenge though. Whatever they 'stabilized' the Panga with seems to have made it slick and slippery; but maybe that's a desired feel for a fretless? I think you can see up at the top of that picture about the fingerboard being slightly marked up, which honestly isn't a huge deal to me, I just find it odd since this bass came factory sealed in the box.
[As a slight derailment of my own post -- even though I have purchased 3 brand new basses (2 Reverends and this) in the past short while, this is the only bass I have ever received in a factory labeled box. I also purchased 2 new ampeg cabs recently. I did not receive 1 sticker for any of my purchases. >$4000 of gear, and no stickers to advertise your brand? What's wrong with the world?? Is Peavey the only company who gives out stickers anymore??!!]
Electronics. Okay, anyone who has read this entire thread knows that these basses can be prone to electronics problems. I believe mine has some issues as well, although I can not be 100% certain. Magnetic pickups -- seem to work mostly like I expect them. The neck pickup is nice, and for my own uses; I have been soloing this exclusively. If I add some of the bridge pickup into the mix by turning up its volume control, once I pass around the 75% level, it turns the level of the other pickup down, lowering the overall volume of the bass. I hope I explained that well. The Piezo pickup does not seem to work at all -- No sound at all if I have only that pickup on, and no change to the tone I hear if I try to add some into the pickup blend. I didn't buy this bass to sound like an upright, so it's not a huge deal to me, but when you spend $1000 you do expect things to work (and it is very possibly my ignorance on how these systems work, and perhaps nothing is wrong.) Now, one important thing to note -- I have been playing through an Ampeg 4x10, but because of where I live, I have not been able to raise to volume past 0.5 (zero point five!); so it is entirely possible that the Piezo pickups are very subtle, and I just haven't had an opportunity to sample it at "proper" volume levels yet.
The Neck. This neck is divine. I thought Reverend made the most comfortable necks (they don't offer a fretless, AFAIK); but this thing is just an amazing tool; leagues beyond anything else I have tried. The millisecond I placed this in my left hand, I knew it was something special. It's hard to describe in words how godlike this neck is, so I will stop trying.
I thought hard about an alternate tuning like D standard, but I think I will keep this BEADG, and I will keep the stock chromes on it; at least long enough for them to "wear in". The "B" string sounds a little muddy to me, it might be because of the 34" scale or my low amp settings, but I rarely use anything lower than the 8th fret of the B string (yet); so lot a huge deal for me either. And other string selections may eventually give me a better sounding B.
EXTREMELY happy with this bass, even with the perceived defect. Getting used to a 5 again is actually harder than getting used a fretless. The 16.5 string spacing has me stumbling a bit, but if that's what it takes to create such perfect neck dimensions -- I'm all in.
I'll take a number, please