That's a really nice Distillate. Is that Cocobolo or Bocate? Almost looks like an oil finish.
The strap button relocation is unfortunate, but easily undone. I'm sure it was an effort at better balance... the early Distillate 32" scale doesn't all that well.
I don't remember seeing one this old with the serial number stamped in the truss rod cover. I see it in the fingerboard where expected too, so maybe a trophy shop job?
Prettiest bass I've seen in a while. Classy.