Well.... now keep in mind GL is my all-time greatest influence and the reason I play bass but.... I think his current sound is the worst of all the different ones he's had over the years.
And, going by what he has said in all his interviews, the sound he found most unsatisfying was the one I liked the most - his Wal/Steinberger sound.
I grew up on his early Rick/jazz sound (and bought/played ricks for years trying to capture it), but when I first listened to grace under pressure up through, like, power windows, my jaw just dropped. I hadn't really ever heard a bass played like that with that kind of sound and was just amazed.
His current kind of distorted sound I kind of dont care for at all - I like the clear distinct sound of the wal/steinberger.
In fact, in one of my bands I got to play the singer's steinberger for a while and it was just absolutely unbelievable live - I could just touch it and it had whack for days and days......
I don't have one because I dislike it for other reasons but I remember thinking at the time "whoa I sound kind of like geddy. sure wish I could play like him.."

LS