The Gibson LS Sig was originally a Valley Arts project, Lee knew the owner of Valley Arts, essentially a boutique Fenderesque instruments outfit. They got bought by Gibson and the project torn from them at the behest of Henry J. Lee had wanted a budget version of his heavily sanded down Frankenstein Fender, but through the Gibson transfer it mutated into a Custom Shop project. They matched the original slavishly, mandolin frets, reverse split coils, Hipshot hardware and passive treble control (though the pups are active). Lee didn't like the end product for whatever reason and claims that he never played or owned one, but that might be history revisionism, the basses were advertised with him holding one at the time and that can't have happened without his consent.
The bass sounds like a tame Stingray I guess or like a Sabre minus the extreme cancelling out of the Sabre's two pups. It's the kind of instrument wihich delivers a consistent signal that can be processed well straight into the board, think of Lee's flangy, chorussy and cushiony sound on those Phil Collins ballads. Not a sound I can do much with, I have mine strung with Roto black tapewounds and it sounds with them like a Piezo bridge bass would, minus the harshness. Interesting, but perhaps you wouldn't have needed the Gibson Custom Shop for it!!!!