While I wholeheartedly agree that the first-gen CV's were probably the best ever, I'd like to respectfully disagree on the
"significant drop in quality" part, as well as add a little more history to the discussion.
During the early 2000's, the Squier Standard and Vintage Modified series' were both produced in Indonesia. But, in 2008, a lot of interesting things started happening within FMIC. The Standard series was getting phased out, the Classic Vibe series started arriving in music stores, but most importantly,
there was a big push to improve quality control across the entire Fender/Squire lineup.
A number of series' underwent some considerable revisions and interchangeability of parts became almost universal. That meant one could swap out parts between most Squier and Fender basses. There were some outliers that were somewhat incompatible
(I'm looking at you, Squier Standard and Squier Deluxe basses!
), but for us tinkerers and modders, a whole host of possibilities suddenly became possible.
On a related side note, I feel I should the
Fender Modern Player series. Starting in 2011, Fender produced a series of interesting batch of instruments that were produced in China, possibly in the same factory as the Classic Vibes. It only lasted for two or three years and a part of me still kicks myself for passing up the opportunity to get one of their Transparent Black finished, humbucker pickup Jazz basses.
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