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For the price, yes. I have both Peavey Millenium AC BXP (active) and Peavey Grind (passive). Both are foreign made, but play very well. I am a relatively new player. For 5 string, I think the Millenium does fairly well, though I like the B on the Grind 5 string better. From what I've heard, if you've got the money, buy US made, but for the price, these are decent.

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Q: Is the Peavey millennium a good bass guitar?
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