I was curious about these rigs and also got to try one in a shop a couple months ago - I think it was that sort of tobacco burst model on top of that photo of the three together that you posted. My favorite Jazz - parts bass with Warmoth neck, etc. - is loaned out right now, so I've been keeping an eye out for another one... just because.
It was decent, but it didn't knock me over. I've become really picky about the fit that I get with any instrument, so I noodled with this one for a good 20-25 mins and it didn't seem to be a decent fit for me. That one I tried was also a little more hefty than what I'd want with any bass I'd consider for myself in the near future.
The price tag on that used bass that I sampled was $600. I could spend that on an extra bass if it gave me both surprisingly good sound and a fit that gave me a little perma-grin. Just not the case for me with this one. Probably one of the nicer imports that I've enjoyed was a Lakland Skyline with the standard electronics - not the upscale J/MM pickups. I don't own one of those Laklands (yet?), but I'd rank those as a little better for me than this Element.