"I highly doubt Peavey could manufacture basses in the US again for the same kind of money that Gibson can."
OK, this may be a valid point (although I'm still unsure of the average pay scale in Mississippi!) after all. If not $1,000.00, then why not somewhere in the Fender American Dimension IV price territory? They'd both be made in America, ash bodies, dual humbuckers, etc.
The difference would be the "Prestige" value of a classic (and in Peavey's case, HISTORIC, since it was the first bass they built) reissue Peavey. For the first time, Peavey would be revisiting the model that launched their bass business. And even at their scale, versus Fender, I think there would be enough demand to justify the cost of a new model.
As for the argument against because "plenty of existing T-40s are available and inexpensive", well that's relative. I paid $250.00 for mine with a hard case not even a year ago. I'd really like to see anyone find one for that price today! The average selling price (NOT asking price) on eBay has been steadily rising, with no end in sight.
I don't know about you, but I have no intention of putting my '78 "8MXXXXXXX" model into serious daily use. Sure I love it, and it plays great. But I would no more likely want to wear out or seriously damage an original T-40 than I would a pre-CBS Fender.
I still want a daily player that is built for that purpose, and ready to come out of the box and see heavy daily use.
Eh, the to-play-or-not-to-play-it-out debate goes back and forth on all bases, but I'm pretty much in the "put it on stage" camp. I've got a '79 T-40 that was mint (even had the pickguard label on it) when I picked it up about 8 years ago. I've taken good care of it, and treat it a tiny bit better than some of my other bases, but it was never going to be a wall hanger. It's been on stage many times, has a few dings, some buckle rash and will no doubt get more.
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If really worried about dinging up your t-40, there's plenty of well worn examples out there today. I just don't see any company deciding to reissue of a bass where originals currently sell for 1/3 the price that the reissue would. There's a reason that the instruments Fender reissues are the models where originals are fetching as more (often several times more) than the reissues.
Eilif- Nice job, and it looks beautiful! I'm willing to bet that it sounds great, weighs less, and is a joy to play!
My only question is....what part of this bass still resembles a T-40 except the name on the headstock? If you taped off the headstock, I doubt that 1 in 100 bass players would guess "Peavey" as the original manufacturer...
...But I can't really picture myself doing something like this today.
Thanks! It's clearly not a T-40 anymore. I just posted my brown bomber bass just to show that I love the T-40 neck so much that when it was time to make my own dream bass I chose to use a T-40 neck.
As for the hot-rodding issue. It's not hard to do it without tearing apart a T-40. Lots of T-40's have met with bad ends and their parts show up on Ebay with some regularity. This particular bass has an interesting history, none of which involved messing with a top-condition t-40
-Wademeister63 bought a beat-up T40 and used the pickups to build a futuristic ric'ish bass, the "Peavenbacker"
http://www.talkbass.com/forum/f57/build-peavenbacker-297320/
-I contacted him to see if he could sell me the neck and body to house a set of darkstars I had purchased. He agreed.
-I put it together and ended up trying to lighten the body by removing wood from under the pickguard. Sounded good but it didn't take much weight away from the instrument.
http://www.talkbass.com/forum/f8/completed-t-40-darkstars-added-band-practice-report-327397/
-I decided to have a new body built to house the darkstars and the T-40 neck, and had the metal nut replaced.
http://www.talkbass.com/forum/f57/new-body-my-darkstarred-t-40-a-490145/
-The result was the bass above.
-After I finished building the new bass, Wademeister bought back the leftover body, pickguard and bridge to go with a T-40 neck he had acquired!
So it goes...
The T40 circle of life...