[quote name='Beedster' timestamp='1418891983' post='2634408']Relicing/ageing/distressing is about feel and function as much as about looks.[/quote]
Yup.
The point of reference for me is my '71 Precision. I've played any number of basses, and liked them, but as soon as I picked up the Limelight it [i]felt[/i] like my '71. In a sense, whether it fools anyone else or not, it fools [i]me[/i].
As for the whole Fender logo thing, AFAIK no puppies or kittens have drowned as a result of it. People who get their knickers in a twist about it should maybe divert their energies elsewhere. World peace, or something.