I have played a T40 bass, it weighed a ton but was very well built, had very good quality hardware and sounded pretty good too.
A bar in town had a lime green T60 screwed to the wall, unfortunatly i missed the chance to claim it when they re-did the place. It could have easily had the screwholes filled and been refinished a more pleasing colour.
They were always good quality but didnt really sell very well. I think there was an article in guitarist recently, an interview with Hartley Peavy or something.