My favorite store has got the new Cirrus. My initial verdict is that the wood work, fret work, and tone are all there. The mid and treble pots were sticky, or not put on properly. This made them hard to work. IMO, this is minor, but it is the sort of thing that makes a bad impression. Peavey needs to get on the folks in Indonesia ASAP to clear that up!
Overall, I am tickled to see the Cirrus back in any form approaching the classic Meridian, Mississippi basses.