I only got serious about bass about 2 years ago so I had never actually played a Fender bass before. But today I tried out a made in Mexico Fender. Invalid Link Removed Unimpressed! Strings too far away from the fretboard. Neck too thick, but then I'm used to my Ibanez.
For $800 I would expect much better.
I tried out a $1,500 Fender. That was a little better but still the strings were too far from the fretboard.
I haven't read all the responses yet, but I'm sure everyone has said by now that the off-the-rack setup isn't something you can hold against Fender. Not that the initial setups aren't generally bad; they are. Fender churns out basses on a production line and puts little effort into the setup or QC before their gear ships. That's just mass production for you. However, customers in stores can mess with the instruments or the necks can warp. Stuff happens. For me, it is the responsibility of the store to make sure that the instruments they are trying to sell aren't unplayable. They should regularly clean, restring, and setup their instruments if they want to attract buyers, but this rarely happens.
PJ basses have Jazz necks, which are generally smaller than a P bass neck. However, either should be thicker\wider than any SR series Ibanez. If you are playing a BTB series or Talman, a Fender jazz might feel smaller. The only thing Fender has tried to evolve on their antiquated designs is making the necks a little more ergonomic. Old P bass necks are ridiculously chunky, and people have complained about it for years. Maybe they have over compensated.
All that said, I will agree with you that Fender basses are decidedly "meh." Being the first designer of the electric bass does mean that they are going to be the vanilla of the bass world. Simple, basic, no frills, little taste, but serviceable, and palatable to most people. The number of brands that have improved on Fender's guitar and bass designs are innumerable. If you are in to retro designs from 40-50 years ago, they are all over the place. I'm not, so Fender and its copy cats have little interest to me.
For years I resisted the Fender hype. Then last year I picked up a limited edition Noir P bass because it was the least yawn inducing Fender P I had seen. Sadly I haven't jelled with it at all. My Peavey Forum and BC Rich ST play better and have the "P bass sound" as much as the Fender. In less than a year, and never using it live because I can't find I way to make it work, I've listed it on CL.
Flat wounds are horrifically over hyped on TB as well. Don't fall for that one either.