I jswapped the alnico II magnet for an alnico V in the bridge Duncan Seth Lover on my Les Paul with dramatic results.
I put a used set of Seths in this guitar years ago. Though I like the sound of them, they're a tad darker than I'd like.
The last time I placed an order at Stew Mac I bought an alnico V magnet.
Because these were Seths (not wax potted) and I already had the covers removed (for style), it was a super easy swap- loosen the strings > remove the pickup/ring assembly > remove the treble side height screw > loosen the baseplate screws > swap the magnet (being careful to keep the same polarity).
It sounds real good. There's more bass, treble, presence, twang, chime, etc... Kind of like a cross between a Les Paul and a Tele (though it still sounds very much like a Les Paul). There are also a lot more harmonics and harmonic feedback (not sqeal) is easier to access. I can run the tone down around 5 and it sounds real clear.
I basically turned it into a "rock" pickup. It might actually be a bit too much. I'll have to hear it in the context of the band before I can really judge it.
I'd like to try an alnico IV as well.
Some will say that I've just turned my Seth Lover p/u into a '59, but I like these pickups. The fact that they're not wax potted makes them fun to play.
t's good fun, cheap!