Standard to Standard: Are the MIA's worth more money? Yes. Are they worth over double the money? In my case, yes.
As a lefty, I have a hard time finding basses, and ones I like -- I like natural finishes over colored basses -- so when I found a lefty '04 MIM J Natural FSE for 375.00 (shipped) on ebay I jumped on it knowing I was going to do "some" upgrades. But I never expected this....
Here is what Fender puts it's name on for a Special Edition -- the bad:
1. There is a 1/8" gap between the white pickguard and control plate -- you can see the wires inside! They must have put the control plate on first, then the pickguard, since the control plate has plenty of wiggle room to line up...I'll fix the problem with the new black pickguard, but I'll have to fill-and-drill some new holes.
2. Over half the frets stuck out +1/32" -- they did not file down flush. Plus they did not do a good job rounding off the tops -- they were boxy and rough. I had to tape around them and dremel to fix.
3. Nothing good to say about the Fender stock bridge except they must/better have a piece of the after market action...got a new Gotoh 201 -- thanks Speedkills!
4. No attempt at shielding from the factory except sawdust and chipped varnish in the cavities -- I am cleaning and shielding.
5. The pots/knobs are okay, but dusty. I am replacing these as well as adding .047 orange cap -- thanks fourstringbliss for ALL your help and advice.
6. The tuners are okay, but I am replacing with the Hipshot HB7 1:27 ratios...
7. Pickups are not bad actually, but while I'm at it, I am replacing with DiMarzio Js
The good:
1. The body is nice, though could have done a better job with matching grain on the body laminated sections, but its nice as a natural goes...
2. Neck is straight. The Flame maple is cool - (Rosewood fretboard)
So thats it, new bridge, pickguard, tuners, pickups, control plate/pots/knobs, shielding job and fret work. All said and done probably an additional 500.00 with set-up & strings...so 800.00 in the end. ....still under the cost of an MIA and rival the sound and feel, but at a price and effort.
Edit: I'll get some work-in-progress pics up this week.