First off, I'm no expert as I don't even own a V-synth, but I did spend a fair few hours demoing one...
The side band filters are interesting, but I'd be staying clear of them if bass is what you're after. They're better for noise, or FX samples in my opinon (the Roland guys always show them on drums though).
As far as Bass goes...
I agree with Khazul there. I've never been a fan of the Virus bass (as many guys that have been here a while know) and the V-synth is much more capable in this area. Layering two good bass samples onto each PCM OSC, then by using the matrix and the cosm stuff to bring them alive, you can create very nice low down patches.
The V-synth needs a fair chunk of imagination behind it when you create sounds, which in some ways is a drawback I guess. For a start you have to start with good samples, then you have to make the samples "encode" friendly, then you have to start tweaking. But the user interface is second to none, and after you get the samples in, it's so quick and fun to use.
My advice would be empty the preset waves and patches, then find your self some good dry samples and start from there.
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