Interesting thread!
I also leave some headroom with the master volume - run it at maybe 80% and even have a tape mark so I can get back there. I run the internal pres hot - at what is approaching a line level (maybe 0dB), balance the two pickups to my liking using the trimpots, and then the pickup volume knobs stay wide open and the master has a bit of throw available. I'm not even sure why I do this anymore but I suppose there are moments when a bit of extra gain might be called for. Like if you're doing volume swells, or, as you guys suggested, the guitar player situation. Ha!
It should also be mentioned that when you change the volume on these op-amp out basses the tone and dynamic range is not effected, whereas on passive instruments the volume pot does alter the tone. (Some players use that passive instrument feature...)
Jimmy J