I bought the same bass when my daughter thought she wanted to play - she didn't.
Still I put an extra light set of Rotosounds on it, gave the truss rod a tweak, did a basic setup and the thing played like butter. Seems like I got about $175 for it when I sold it a few years back.
A bass that plays comfortably, balances well and sounds good matters a good deal to me. I couldn't figure out why the saddles on that bass were set REALLY high when I got it - the action was ridiculous. Like I said earlier, when I got it the first thing I was was to lower the saddles by turning every set screw on every saddle four full turns...and I still had room left. It made a big difference in the action!
I'm stuck at a 4-day conference and can't get back to mess with that Gretsch until Sunday...frustrating!
