i've got a passve 4 string OLP, single pickup version that I picked up in as-new condition - way I've looked at it is a great platform to start modding from. Stock wiring and pickup imo was awful, flat-sounding and with little variation on the controls - but they can all be changed easy enough - I've now got a switch in place of a volume pot giving me series/parallel or single coil, and a cheap wilkinson pup that I'm really impressed with too, all in less than 20 quid. However the important bits (to me) are the neck - which is lovely to play, and well dressed/finished - dropped the action pretty low and no buzzing. It is a very light body though, and I'm not convinced the paint finish is the best quality - the paint has chipped a little behind the scratchplate where the mounting holes are, and I don't think it would take much to ding or chip. The string tree and strap button holes are all a bit iffy too - wouldnt take much to strip them I wouldnt think.
funnily enough my other/main bass is an original series made in Japan Ibanez ATK. Much as I like the OLP I wouldn't put them in the same class - the finish and equipment (bridge, tuners, wiring hardware etc) on the ATK are far better, as is the sound which is just awesome. I'd stack the atk up against basses costing twice or three times as much without hesitation - mind you for what I paid for the OLP I'd say the same about that too