Am I crazy to want a MIA Fender Prec V

They are awesome! I had the Squier VMP5 because I didn't think I could afford the AS5. When I got a stupid deal on a 2008 AS5 I jumped on it and couldn't be happier. I sold the Squier.
Personally, I thought they were very different from each other, YMMV.
 
I had one (the first production year they came out) for a very long time, and deeply regret trading it.

All those who did what you did say the same ;)
I own 2 and will never sell 'em. unless I find "better", but I started in back 2003 with the ADPV and never really found something better. However I should consider Sadowsky. I've read many times these basses is a step in the Sadowsky world.
 
Just bought a MIA Jazz V,and I just love it. But recently I feel if I had a brand new Fender Prec bass along with it would make me all set. I don't want the Elite which sounds darker in passive mode but the classic passive Fender bass.

As I have been playing 5 strings for many years and I would like the Prec bass to have the same neck as my Jazz 5 so switching between the two basses would be easier. Am I better just being happy with my new Jazz bass?

Only you can answer that last part of your question. I love my MIA Prec Elite bass - 4 string.
 
I think the Jazz on it's own would be fine. I don't really buy the view that you can get sounds from a P that you can't get with a J - although the reverse is certainly true. There's plenty of eq scope on the Jazz and your amp and your right hand technique to nullify the differences between the J neck and P pickup
 
If you want to see if the P5 is really what you want the Squier Vintage Modified Precision 5 is very close to the American Standard . Not much difference in the sound at all and the neck profile is very close . If you can afford the Fender and don't want a Squier by all means get it but the VMP5 is so close many who have them think the Fender is isn't worth the extra dough .
Here's a pic of mine next to the American Standard Jazz I had . They both played about the same , great all the way up the neck .

4d3d6d44-ff43-434d-86da-be9e118d7997.jpg
I'm trying to get my local store to get my one of the Hi-Mass bridges off the new Dimension V so I can put it on a VM P. :D