The SBMM SUBs offer great bang for the buck. When I was shopping on a limited budget, that one stood out, even holding its own among more expensive basses.
I've been doing a few mods on it this year--new pickup, volume mod to the existing preamp, new smaller bridge (just for aesthetics), Jazz knobs with lines, and Hipshot Ultralight tuners (which really dropped some weight--it was a heavy bass). All in, I've spent about $370 (got the bass on sale), which feels worth it. I've got it strung with, but flats are in the near future.
If I got one, I could see doing mods like an upgraded pickup and preamp. Even $400 of mods would only make it about 30-35% the price of a new Stingray and about $300 cheaper than a good deal on a used 'Ray.
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