I have a junky Ibanez and was wondering if a Fender squier Precision Bass would be

that much of an upgrade and if it was worth it?
If you get one of the Classic Vibe or Vintage modified models, then yes. They sound great.
What kind of Ibanez? If its a GSR200 then a you might want to go a bit higher end then a Squier
Composite Aficionado

Spector and Markbass
I've got a vintage jazz precision by them, best bass I've ever played under 800 bucks.

Takes quite a bit of time to set it up correctly if you buy factory stock, but once that's out of the way, it's almost perfection.
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