Mine had low action out the box, no buzzing, and took a setup well.
Then I switched out another Squier VM neck, strung it up, and the action was even lower than when I got it.
I'm starting to believe the body may be a little bit magic, cause that second part has NEVER happened to me before.
Was that neck from another VM PJ? I've had three different VM's at this point, and couldn't swap all the necks. I've had a VM P, VM J (fretless) and a VM Jag. The P and J were interchangeable, the Jag neck/neck pocket was narrower. I still have the VM P neck hangin' out and i'm looking to buy a body to throw on there. Think it would fit?