I just went down to my local music store and tried out 2 bass guitars back to back. The first one was a Squire Classic vibe jazz bass. It was a really nice playing instrument with a great sound, and really well built. I was surprised because Squires don't have a great reputation for being well built and sounding great, but this bass was both. Then I tried out the new 50th anniversary Jazz bass. It looked great hanging on the wall with its block inlays and candy apple red finish and matching headstock, but when I played it, I was disappointed. It just didn't feel as comfortable as the Squire, and the sound was mediocre at best. I always thought you had to spend the money to get quality, but in this case I would go with the less expensive model and be perfectly happy. Don't let a fancy paint job and a big price tag fool you, let you fingers and ears make the decision.