Someone already beat me to it, I'd check out the Fryette power station, it's the only guitar attenuator that I've heard that sounded correct, probably due to driving the speaker directly from the Fryette's tube amp. Unfortunately I do not know the performance with a bass. They work fine with the 100watt guitar heads, so I don't think power handling will be an issue. I did find tests of the reactive load on a Fryette unit. The simulated impedance will be off on the low end. The Fryette units has the impedance peak between 100 and 200 hz. A sealed bass cab would likely have an impedance peak in the 60-90 hz range, and a ported box will have two peaks one below the port tuning and one above.
Link to the other forum.
I'm still running the original tubes in my PS1 which was from the very first batch of them
www.rig-talk.com