Checking the latest sonic paintbrushes at Shreveport Music I found the new Fender P-Bass Jr. It costs the same as a Made in Mexico standard P-Bass (about $400), but it's three-quarter sized. That's good for youngsters, for people with smaller hands, for studios cramped for space, for a bassist who wants something different.
Plugged into an Ampeg amp with 2 tens it sounded surprisingly deep and full.
It's all part of the downsizing of America, isn't it? The baby boomers are tired of schlepping the heavy stuff all over town. Make it smaller & lighter and you may well watch your product get a new life.