Well, now that I'm just back in the MM club here's my 2p.
1990 2EQ Ray, loved it, hated the way the paint fell off and a little weighty at 9.5 lbs - but lovely sound.
2004 Sterling. Sold the Ray after 15 years of ownership and bought this. Neck much nicer than the old Ray but ironically weighed about 0.5 lb more and with the smaller body balanced less well - sold it after a year of not much use.
After giving up on Laklands I've just picked up Barks 3 EQ CAR Ray (haven't checked year yet - probly 2000-2004ish). A bit lighter than my original Ray and the neck feels a little shallower and faster (could be the oil finish, they were/are both maple boards).
Bongo - gotta get me one of these when I find one at a reasonable price. Tried one at a Jam night - killer sound and uber light.