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OLP MM-2 and Epiphone EB-3 SG?

Both decent but both quite different.

Try them both before you buy if you can but if I was choosing myself I'd go with the OLP - probably more what you'd expect from a bass (and probably the better quality of the two). EB-3's are a bit of an aquired taste although I love them.
 
Are you absolutely sure it's an EB-3 rather than an EB-0? As far as I am aware, the EB-3 doesn't come packaged with an amp.

I don't know what the other bass is, but I'd say to go with it as opposed to the EB - the neck dive on an Epi EB can be pretty brutal and hurt your shoulder after a time. Other than that, it's a nice lightweight instrument with decent sound.
 
OLP
Pros: good sound, solid bass, light body as opposed to the MM counterpart.
Cons: you have to dig in to really get the MM sound, not active.

Epiphone
Pros: Might be more suitable for certain styles.
Cons: Honky sound.

Personally I would get the OLP (I already have one :)), because I am not really fond of the honky sound the EB-3 produces and I didnt really like the playability. Then again, I am more familiar with the MM humbuckers and how I can rest my hand on them.
 
I would opt for the OLP over the SG. The SG is short scale and has a rather muddy tone.
I owned the OLP MM5 (5 string version) and it was a well built and great playing bass. I did not care for the pickup but they are easily upgraded.

he's not talking about the SG bass,the gibson one.he's talking about the EB-3 which is an epiphone.and no it is a long scale.
 
I sold an OLP and bought the EB-3. I was happy with both, and I sold the OLP because I have an old P which the OLP essentially duplicated. The EB-3 is a bit different from anything else I own.

I found the build quality good on both, with no problems around electronics, frets, etc. Both are heavier than average...over 9 pounds - but that's OK. I'd rather have the EB-3 in a short scale, but both are 34" scale. I recommend you lay hands on both and choose the one that feels best. My OLP balanced a little better than the EB-3.