Hi just to echo some of the views here - I bought an older version of the Modern Player Jazz this weekend (the one with gloss finish and Classic Vibes-esque brass bridge saddles) and it seems to be really good.
Build quality, fit and finish seems very decent. The neck is very comfortable, with proper medium jumbo frets and modern radius (unlike the Classic Vibes, which put me off them to be honest).
It's a bit weighty, but the sound is good and really really loud compared with my 1995 USA P Bass, which itself is really loud anyway. Still tweaking the pickup height to get it at a point where im hearing some wood instead of just hearing the pickups.
It's obviously not as good as the USA, but for the price it seems like a really really good back up, which is very playable and with a good range of sounds, and I love the look of a vintage-styled jazz pimped with big pickups!
Due to gig it for first time next week as a spare to my regular USA Fender, but first impressions are very good indeed.