Mike,
You are correct. Your post does state that used Alembics hold their value but why don't new Alembics? Sadowsky's Pedulla's and even Fender's hold value. Why not Alembic? I love my Alembics but like I stated in my original post, why do they drop in value when they are used?
Tubeperson, I agree Fender Custom shop basses are over priced but I don't think real vintage Fenders are.
I also play guitar. I love Les Pauls (Gibson not Epiphone or as I like to call the Epiphony) Gibsons are way over priced. You can get 3 Fenders for the price of a Gibson.
Bigredbass, I appreciate your input on the Japanese guitars but to be honest, I will never buy a bass that is made outside of the US and even then, only if I can touch it, feel it, play it. I've had several Music Man's and have had dead spots in every one of them. I will never play one again. Ten yeard ago, I had a relatively inexpensive Ibanez that sounded great, but I love vintage Fender Jazz, Alembics and Sadowsky.