If it were 32 scale it would have been me. Or this person would have payed a lot more for it. ;-)

Great deal for someone willing to take a bit of chance as to what work, if any, will need to be done to the bass.  I've been looking at vintage Series basses for some time now (I could never justify the cost of a new or newer one) but am always reluctant to pull the trigger because I just know I would want to send it back to the factory for updated electronics and a refurbishing/rebirthing and have no idea what these cost. Has anyone out there gone through the process and is willing to share the approximate costs of the electronics upgrade and refinishing.

Yep. Sellor had limited feedback and the items previously sold were inexpensive stuff. The description was limited as well.
 
If a person was close enough to actually see the bass beforehand, that would be best.

Looking for my first Alembic, I felt the same way, Hammer, especially since I'm such a NooB!

It's not a secret - the price is tiered, $750 if it's easy, $1500 if it's hard. If you have brass plates, it's likely to be hard, but it isn't always.

That Alembic on the beans on toast will definitely give you GAS

Indeed Slawie !   A severe case with enhanced sustain to boot !