Just got back from a short Japanese tour, and while playing in Sapporo I scored a 1977 MIJ Power Bass. Or should I say a 1977 Fender P bass, because I've owned several 70's fender P basses and this IS one. beautiful neck, ash body, pu growl for days, the whole good thing about those basses. I have read contradicting versions of whether there actually was a lawsuit, but take one look at the "F" in fernandez on the headstock..and tell me whether Fender would have had a suit...
I paged through the posts here, and haven't seen one, though it's in the 1977 catalog on the Fernandez site. Unlike everyone's bass here, the serial # is stamped on the neck below the 20th fret.
Having said all that, I believe I am going to put it up for sale as there's something else that caught my eye in Japan. Take a look in the classifieds tomorrow.