That's right. It's working fantastically for me. It's an '06 MIK, long scale neck with set joint. I've had it for about a year, and I've done minimal upgrades to it, namely the nut, tone caps and cavity shielding, everything else is stock.
I originally got her because I was looking for a new bass, but wasn't intrigued on getting something generic like a jazz bass or a sting ray. The stock pickups sound good, very authentic, and - like the original - are VERY microphonic.

So if you like those clatter and scratch noises, or alternately don't mind using a noise gate, this is easily one of the most unique and rootsy sounding basses out there. For $150 it's a steal.