Mod or move-on? Squier VM fretless

[visog]

Chatters,

Advice please - I've a Squier VM fretless which I'm pretty 'meh' about: It has a high action and limited tone.

Is it a good start point for mods - set-up, bridge and possibly pick-ups, or should I move on and get a Sire say. Anyone upgraded one of these? Do people bother these days with the proliferation of good cheapies. Thoughts?

[Maude]

A good set up will transform a fretless far more than a fretted bass. Give it a go and then decide, it doesn't cost a penny and can be quite rewarding. 

[Rich]

Is the action high because the bridge saddles are bottomed out? If so, a shim and a set-up for starters I'd say. In fact a set-up for definite, shim or not. If it's still not nice to play after that, then shift it on.