I mainly bought this because I wanted something for my studio, so it needed to have all the things I want, plus the versatility to be used by anyone else that comes in - but this goes way beyond my expectations.
First impression: The build quality is fantastic - fit and finish is great all over, everything is pristine, hardware looks great. Tuners are precise and stable, bridge has a really nice range of adjustment. The frets are really well finished, no rough spots anywhere (I've had more expensive guitars that needed to be wire-wool'd out of the box).
It sounds great. The pickups sound exactly as you'd expect from a mid-range Fender. Switch it to active, it gets even better - that classic sound is still there, but with the EQ all set to noon it's just a little bit more "hifi", with a touch more clarity and depth. The EQ controls have really good, useable ranges (the bass is maybe a touch overkill, but when aren't they?), and the sweepable mid control is fantastic - I don't know why that isn't more common. I know some people had issues with the knobs not turning very well on early models, but they're fine on mine.
Also worth noting is was setup brilliantly - great action, just a hint of rattle to give it some grind when you dig in.
My one small complaint would be the knobs. The two-tiered controls are a great idea for cramming so much in, but they're taller than I'd like - they're higher than the strings, which means I'm not sure I'd want to put this in a soft case.
So: alder body, maple neck, ebony fretboard, bone nut; P and J pickups; the bridge can be either top-loaded of string-through-body; active/passive switch, 18v preamp; all the dials (bar volume/tone) have centre detents; sweepable mids; proper string tree on the headstock; gloss finish on the headstock, but satin finish on the back of the neck; rolled fretboard, with binding.
Honestly, the attention to detail on this thing is incredible - I've played P basses 3 times the price that are lower spec'd, not as well finished, AND have basically no tonal options. I don't know how they're putting these things out at this price, they could charge twice as much and I'd still be impressed by that spec sheet.