Received my Squier Vintage Modified Jazz V yesterday. I bought it as a back up to my FCS. The Pros; The bass looks really nice. I never was a big fan of the natural finish (only option with this model), but I have to admit this one looks pretty nice. I was really surprised at how easy the bass is to play. The neck is great and I like the satin finish. Smooth, fast and straight. All I needed to do were a few small adjustments on string height and set the intonation. The Cons: A few Q/C issues. One string tree screw is installed crooked. I'll probably end up replacing the tree with a better one. The control knobs are crooked as well. It's not bad. You can only tell when turning them. At one point they will scrap the chrome plate. However, they do work properly so no big deal. I can get a decent sound with the equipment I have, but I'm still keeping the option of replacing the pups and pots. They are plenty hot enough and it's really not a bad sounding bass. When you look at what I'm use to playing, well I'm probably being too picky. Just had a 4 hour practice with the band today. Took the Squier and really enjoyed it. Dialed in a pretty good sound using a SansAmp BDDI and playing through our drummer's Hartke Kickback with a 15" speaker. The bass was easy to play. I'm really liking the neck, especialy after I did the set up. Low action with no fret buzz anywhere on the neck. Intonation is pretty good everywhere on the neck. It holds tune well and is very quiet. So far I have no problems recommending the Squier Vintage Modified Jazz V. If you looking for an inexpensive 5 string or 4 string, you should at least give it a try.