Well, I can't agree 100% with this. But that's just me. An OLP neck is different than a real Ray - a fair amount chunkier in my opinion. The pickups & passive circuitry on an OLP are rather muddy in comparison to the clean, preamped sound of a real Ray. Yeah, an OLP looks like a Ray and balances on your shoulder like a Ray, but the quality isn't there once you start to play it. I admit a stock OLP does sound kinda like a Ray in a 10,000-foot flyover macro comparison, but the detail and headroom isn't there.
Me? I modded an OLP with a Seymour Duncan preamp & alnico pickup and it sounds almost like a Ray now. And I play it outdoors and in BAD BAD neighborhoods without much aprehension.
Usual disclaimers: IMHO, YMMV, I'm just one guy with one opinion, etc.
Have you had a chance to try the newer active pre, twin pup. 3EQ versions? Seem to be much nicer quality than the older single pup OLPs, from what I remember of music store demos from a few years back.
Can't compare the neck profile with a proper Stingray as I've never laid my hands on the real deal.
Sounds wise it seems as good as a real 'ray to me. I'm sure more experienced ears than mine would be able to tell the difference easily, but it's got good sounds and the neck pup options make it a bit more versatile.
Admittedly the plastic nut looks a bit tacky, and the fretwork isn't amazing out of the box, but it's all stuff that would be cheap to get sorted by a local tech.
I'd have loved to have got a real 'ray, but just couldn't stretch to the silly money they go for over here - $2400 equivalent for a new basic SR4 H.
I guess I took a bit of a chance with the OLP, but I'm very glad I did. Stingray GAS is cured for me... at least until after I've got a Jazz and a fretless in the stable anyway.

