Well, I'm not a bassist, but I've tracked Yamaha bassists, Fender P bassists and a friend who plays a very nice 5 string Ibanez bass that has passive pickups but an active EQ if I remember right. I really dig the sound of that bass with the PIP, kinda modern chunky tight bass sound.
I think best would be to judge it yourself, as everyone has their own opinions, but if it helps, I can say, comparing to
my true systems precision 8 pre and a-designs pre, this thing stands on its own against those too. I don't have a straight preference though, but lately I've been using this box more often, and not only because of the sound (mind you it does sound good) but also because of the interfacing posibilities with other gear.
I've found this box to be extremely flexible for this.
I saw you comment on the Avalon unit. I don't have experience with that unit as to help you with a comparative. The LL box is a keeper in my book because it just plain sounds good, but also because of all the other nifty tricks it does.
The PIP also works great by using it with things like the sansamp or line 6 stuff. Used prior to those units, and then getting an instrument out of it into those units improves the sound of them, at least to my ears. I dunno if this helps or not but there they are, my 2 cents
