Of course Fender (and WHOEVER happened to own it over the years) has a lot of 'tradition' to honor. But to my mind they've run so many variations over the years they've lost their identity, inasmuch that serious player-collectors are left with two less than optimal choices to the get the 'really good stuff':
You either pay an arm and a leg for a Custom Shop/masterbuilt/etc, or take your chances in the vintage market, where you may be buying a brilliant fake. Fender even undermines this selling the 'aged' guitars, the Closet Classics.
Then of course, there is no end to the Sadowskys, Lulls, and on and on and on. Then MusicMan. Then G+L. It's really become like Harleys, everybody wants one as long as it's a litlle different from every other one: Ultimately the whole population is just one big blurred mess with a vague identity.
The feature set is just as blurred. Why did they never settle on micro-tilt, the bullet truss rod, and four neck BOLTS with inserts? I could have NEVER taught myself adjustment on a Fender without a GREAT deal of aggravation. I would have surely stripped out the neck SCREW holes by the time I figured out shimming a neck.
They only recently got around to building a 3+2 P pickup for five-strings; Yamaha did this in the late 80s!
I've never owned a Fender in 30 years of bass playing. I've never seen the point, and while I admire the business resurgence that Mr. Schultz engineered (Rest in Peace, Mr. Schultz), I still have no compelling reason to ever want one.
J o e y