This was posted in another thread here but thought it deserved its own. Very informative video that had me thinking and just reinforcing my belief that you are mostly paying for the name on the headstock. Some of you may know this but there are a lot here who don't. Thoughts?
I watched the whole thing. Here are my thoughts.
1. Is there truly any deception actually going on? "Duncan Designed" isn't a lie, the name makes it pretty clear that they're not the same as actual Seymour Duncan-made pickups. And the only basses I've seen those pickups on are sub-$500, so it's not as if you're really "paying for the name." He mentioned Grover tuners but didn't say whether the outsourced ones are labeled differently (there's a significant lack of detail throughout the video, by the way). I can't think of a bass that uses Grovers off the top of my head, anyway. Happy to be corrected, though.
2. The other stuff he didn't seem to have a problem with, and for good reason. As he said himself, companies like Samick build for others, but it's to their particular specifications. Samick makes some inexpensive instruments under their own name, but that does not mean at ALL that they are on the same quality level as the instruments Samick makes for others. I think he said Gretsch Electromatics are made by Samick, and those models are pretty universally regarded as being great values.
3. Back to the lack of detail--is it really damning when he says that Fender and Gibson use OEM-outsourced parts for "some" instruments? I mean, which ones? If it's something that's purported to be MIA and costs maybe $1500 or more, then yes, that's not cool. OTOH, if it's only on $600 MIM instruments, no big deal especially if the quality is there. Similar thought when it comes to the mention of Conklin and Elrick--those companies have high-dollar models, but is he saying specifically that those models have cheap bridges and tuners on them? No idea.
Bottom line, I don't see how this reinforces your beliefs.