IMO, being that they are MIA and can be picked up for around $800-$1200 on the used market depending on options, they should be considered the gold standard that any other modern-style bass is compared to.
Fender has never, ever made a 5 or 6 string bass that is remotely close to the Cirrus in terms of playability, features, or design. Fender does win in the "vintage style" category, for what that's worth.
And for the money, a brand new Cirrus 4 string blows the doors off a Fender American Standard. Of course, if you want that Fender style, you know where to look... but 34" scale, 22 frets, 9.5" radius, neck dive, weight, electronics, tuners, are all inferior to the Cirrus, IMO.
Oh, and haha, Jason "P Bass" converted to Peavey Cirrus upon discovering that the neck humbucker does a reasonable approximation of a Fender Precision. And then the Cirrus does a whole lot more.