The 4-string model is pretty good. The neck is well finished and quite fast to play. The overall tone is very springy, as you would expect. The only thing that bugged me was the neck pickup shield. I rest my thumb on this pickup, but I couldn't ever bring myself to remove it as it really does set off the look of the bass. I felt it was over priced for what is was, but still a good bass. I am fanatical about Fender Jazz basses and it's far from the best I have played over the past 15 years with the same price tag. I'm expecting the 5-string to be the same, but man, doesn't it look great too! I will still have to get my hands around it when my music store eventually orders one.
Fender are the BMW of the bass world...they both have the art of ripping you off! The signature series models over the past few years have been huge disapointments for me personally. I was really looking forward to the Jaco model that they issued 3-4 years back and I could find a bass half the price that was better made, played better and sounded better. What posessed them to make a fretted version is beyond my understanding! Anyway, I will stop ranting as I am getting a little emotional here! The best signature series 5-string that Fender produce, in my opinion, is the Roscoe Beck model. The neck is not the greatest to play, but a good all-rounder with a great for a good price.