Glad your enjoying the Ray34!
I have to agree. This was my old bass and It was the one I always picked up to practice at home even when I bought a US Ray.
I can’t give you an accurate comparison in sound as my US Ray was a 2 band but I bought the Ray34 in a music shop and tried out a (Sterling) Sub4, Ray34 and a US Ray on the same day. I remember being really pleased with all of them. The Sub didn’t quite have the punch nor build quality of the US Ray, but for its price point was a good instrument. When it came to the Ray34 and the US Ray that gap narrowed considerably.
I’m sure the Ray35 will be equally as good and second hand they are really great value. Around the price point of MIM Fender but far better instruments IMO.