Maybe I missed it but there are a couple of advantages to an adjustable neck that have yet to be mentioned.
Action changes with humidity so an adjustable neck allows the player to dial in the action without messing with the saddle. This helps for seasonal adjustments or when traveling to a different climate. On my guitars, this can be done in a matter of seconds with the guitar up to tension.
The other advantage is that the saddle can always stay the same height. Saddle height has an effect on tone and an adjustable neck lets you optimize the saddle height for tone and leave it there for the life of the guitar.
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