Warwick 46200 M Red Label

Cheap bass strings that still sound good.
These strings may very well be the most affordable bass strings that there are, and sure they have their shortcomings: mainly lack of body to the tone (they sound a bit scooped), low durability (compared to my standards and considering my playing technique, that is),
and some kind of rawness to the touch (by that I just mean these are just not silky smooth and soft like some more expensive brands are); but their not that bad either, and especially I like their presence in the higher frequencies.
I consider them to be a very viable option in various situations.
For instance:
These are definitely good for a student, or someone who just play to himself and as such has no need for a particular tone.
These are good for someone who uses a very effected tone, and so is not relying so much on the strings alone.
These are good for someone who plays heavy music, mainly metal, and would go for a scooped sound anyway.
Also could be good for someone who likes to change strings very often to keep the fresh sound and doesn't want to spend a fortune.

I have been using these strings on and off for years, and for the price they can't be beaten. Main pros & cons (based on years of use, not just the latest set I got):
+ Price / quality ratio, can't be beaten
+ Tone is good
+ I've never checked any tension tables in my life, but the stiffness is enough for detuning (one step to D standard) with a normal 34" bass.
+ never broken one, live or otherwise.
- The texture is rougher than for example in D'addario roundwounds, closer to Rotosound in feel (IMHO)
- the brightness will be gone faster than D'addarios, Foderas etc. more expensive strings but I've noticed that this is related to how acidic your hands/sweat is. Mine will kill strings within a month with just moderate playing. So adjust this minus accordingly.