I bought a scrath and dent 60th Anniversary MIM Jazz V from MF a few years back. Never played a fiver before and wanted to try one without dumping major $$ on one. My main gig basses are my RIC and my MIA Jazz 4.
I just love the Midnight WIne color on the Jazz V. I agree with others, the pickups didn't impress me and I had quarter pounders put on it and it's very aggresive sounding to me. I like the Pao Ferro fretboard. I've tried other fivers occassionally but none blew me away to the point where I wouldn't keep mine. I did change the pickguard to a black abalone one.
At first, i thought about changing the bridge because I use to own a MIM Jazz 4 that had a terrible bridge where the saddles would lower while playing it. I slapped a BA II on that bass. However, I noticed that it seemed on my Jazz V the bridge was a little higher quality than the one on my Jazz 4. I have used the V at gigs and NEVER have had any problems with the saddles. It is not a High mass bridge but surprisingly hefty none the less.
Truthfully, I'm not as adept on V as I am on 4. (IMO) So, I don't play it often at shows but when I do, it sings pretty well. If I ever made the jump to V fulltime, I would use this bass. This past summer, played a 2 night casino show with it, a BBDI and a tuner. It sounded killer and didn't miss a beat.
I recommend them. Dang, I should get an endorsement fee...LOL