No first hand experience of their basses, but I've owned a Tokai Love Rock (Les Paul) and one of their Strat copies from the 80's (I think it had something cheesey like "oldies but goldies" on the headstock) and both were fabulous guitars.
I do have a Vintage (brand) P bass - possibly a VB4, not sure - and it's... OK. Decent Wilkinson hardware - nothing to get excited about, but I'd happily gig with it.