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Cons, the tuners were borderline decision not to replace, they feel cheap as they are. But they are doing their job so that counts. The electronics are cheap, but not bad sounding. They have a slight distortion to them that is not unlike the warmth of the early Pbasses, which is not a terrible thing to sound like. So again, its doing the job.
The result I took down to a local open mic blues jam for a test drive. This is the bass in real stage use. I figure a live real use example gives the best idea of the end result if you buy one. Personally, I think it feels like about a $5-700 Ibanez or Schecter or Yamaha etc. An upper end fretless Squier would sound and feel fairly similer. But yhis is $180.