Pegasus vs Custom 5

Better is subjective. What are you trying to accomplish with these pickups? What guitar and woods involved? What musical and playing style is truly your style? What do you presently have in this guitar and what is working and what isn't working about that particular pickup? What are the natural attributes of your guitar UNPLUGGED?

I can better help you if I know these things. You will also better help yourself if you know and apply these things to your choices pickup wise going forward. :)
 
Maple fretboard mahogany body Kramer Baretta Special. The purple one. Stock pup is alinco 5 and has lots of mids. Looking for more high end sizzle and possibly lower output. My other Kramer's have a JB and Custom (my fav by far) so looking for something different in this one. More sizzle, more bite and creamy sustain, yet versatile. 70's and 80's metal, nothing modern.
 
Distortion isn't versatile, but it's very '80s. Had one, just couldn't bond with it so away it went. Have you tried Alnico 8 yet? I have a JB8 and a Custom8, both brilliant.
 
Pegasus sounds like modern metal, while the C5 is scooped 90s rock. Pegasus is more versatile by a mile, as it sounds great at all gain ranges. C5 does mostly 1 thing really well.
 
Well, between the two you mentioned I would go with the Pegasus.

Another pickup that covers a lot of ground that I like is the black winter. Far more versatile than it gets credit for.

The Omega (Holcomb) would be another pickup I would consider. These pickups I just listed I would call more in the modern camp than the vintage camp for sure.

Your wants do throw me off a bit when you say more sizzle and bite , creamy sustain yet versatile. My definition of those words may be different than yours. To me, those are pretty significant differences. :)

When I hear bite and sizzle, etc coupled with a Kramer I go back to Screamin Demon, Jason Becker pickup, 78, etc.

Out of those I would go 78 for that guitar based on your descriptions. :)
 
C5's are versatile with a wide variety of magnets. They're in the Duncan line with A2's and ceramics and many here use A8's, some use A4's. My favorite is with UOA5's, as they add some character and sonic texture, as well as dial down the output a little so they're not so in-your-face.
 
The custom five is hotter but because the mids are so dipped, you don’t notice it as much as other hot pickups. It gets along well with guitars that naturally have a lot of mids. The Pegasus is not high output despite its specs. It has a modern sheen to it, like a presence control turned up. It has more mids than the c5 and the low end is more tamed but can still get flubby under certain conditions. I like it for its slight combing effect it has on chords. It has that bloom sound to it. I think it’s best for semi to bright guitars. You will always be trying for more high end if you have a warm basswood thing going. It has a reputation for being a bit sterile and not hiding flaws in your playing. I don’t like many dimarzios because they mask parts of your playing and make things sound friendly and controlled despite your playing. This does the opposite lol. It’s a good pickup for what it does though. It’s a transparent somewhat neutral place to start your sound off. I like it better than the c5 but it reveals that I’m the weak link in my tone.
 
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