My problem with basswood is how it gets buried in the mix by literally any other guitar wood, except (maybe) walnut. I can't count the number of two guitar bands I've seen where an Ibanez is not heard, because the other guy has a Schecter. Literally, every local show I got to.
For example, a band we played with Sunday started out on two Jackson sixes, both alder, both plugged into 5150s. You could hear both guys fine. For the last two songs, they switched to an alder LTD seven and a basswood Ibanez 7, and the guy with the Ibanez just disappeared. You couldn't hear him unless you went over and stood right in front of his amp, and then it was just barely. This sort of scenario plays itself out all the time, including touring acts with a dedicated soundman. Basswood is just a poor choice of tonewoods when you are competing with another guitarist. It works better in a four piece, even though I won't profess the desire to ever own anything made out of basswood.
So, if hard won experience equates to "basswood hate", then so be it. However, it is interesting to note that three guys with basswood signature models--Satch, Vai, and Petrucci--are all playing guitars with different tonewoods live. Evo is made out of alder, Satch has been leaning heavily on the mahogany JS guitars, and Petrucci has been playing the Ball Family Reserves, which are (I think) mahogany with a maple cap.