For this kind of instrument you can use standard issue guitar parts. Standard tuners, jazzmaster tremelo, standard strat style pickups, they also borrowed the jazz bass control plate, and a roller bridge, as well as a strat selector instead of a jaguar plate like a Bass VI.
So they kept the cost down by not using any proprietary parts except for a new pickguard. All the hardware is off the shelf. That's the 'something', it probably plays and works as well as the original Fenders. The only thing I'm curious about is the pickups, they are supposed to be overwound in this kind of application.
I am mystified by the V-T-T setup on the 3 pickups model but I guess they had to put something in the extra jazz bass hole.
It would cost twice as much to build one of these on your own and take a solid week of work as well.
I guess I like the black one personally, simply because the control layout makes more sense there, and it's not trying to be a Bass VI necessarily.
It's likely the stock Strat wiring scheme: IIRC, a separate tone control each for the neck & mid pickups, and none for the bridge p/u.
I've got my fingers crossed that the new Agile Argus LPB has a RWRP mid pickup (for hum cancelling when used with the neck or bridge pickup).
Otherwise, IMO, they would have to be replaced which would bring the instrument's price up into the Schecter Hellcat VI range...

