Haven't played the VM Squier, but the Classic Vibe jazz is an amazing bass for the money. I've told this story before, but I was on honeymoon in NYC just before Christmas. Visited the Sadowsky shop (really nice stuff), Ruddy's (also nice - nice F bass selection, a US MTD and some nice vintage P's), but the one bass that sticks out from all the ones I played (bound to have been 40 basses - some in the super-duper-cash category) is the Squier CV Jazz. How is that possible?
I'd think the CV would have a warmer tone than the VM.