I am starting to think about doing this with my Corvette $$ as well. I really like the bass but
am getting too spoiled by the action of my Euro 5LX.
Either the luthier I am using doesn't know what he is doing or there is something wrong with the neck on this bass. I have had to bring it back 3 times due to fret buzz so he suggested I try different strings. I told him to put Medium DR Hi Beams on and he put Light DR Low Riders so I think that explains what I am dealing with. I am going to try a different place since I am completely frustrated at this point.
My Euro 5LX has much lower action with zero fret buzz so it really got me thinking. It doesn't help that Bass Central has a really sweet green Rebop staring right at me on their web site either