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Would you?

Depends on the motive. Trading to keep as a player? No - I have never liked the T40 and I'm old enough to remember when they were new in the stores. Didn't yearn for one then or now. Trade as a resale? Yes. The T40 will sell much faster than an ATK. You may like it though. Many people apparently do.
 
The T-40 is becoming a clasic and prices are rising rapidly. They actualy have a great tone, and would work well in any studio. It's an American made bass. It has historical significance as it was the first mass made bass that was cut with a CNC machien. They also play quite well. The only reason I sold the one I had was due to the weight. She was a beast, and I am obsessed with ultra light weight basses.

I would say get it as fast as you can. You would be traiding a mid level bass for a pro level bass. Don't underestimate the T-40. TalkBass is filled with haters that complaine about any quality bass.

The T-40 dose have complicated controlls that take a while to figure out.
 
Never owned a T-40, but have built two custom basses with vintage T-40 pu's, one with sophisticated split-coil switching options. (first pick) Both are very light, (under 8lbs) and due to the pu's - both sounded awesome. (both sold to happy campers)

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