This is not your normal FX pedal. You should watch some videos on what this thing does before buying. Its a strange and wild creature. Takes some time to find a usable sound but when you do its blissful. The V.2 has presets. This helps a lot. I have the V.1 also. They are different sounding pedals. I like the V.1 for piano, beats, etc. and the V.2 for guitar. V.2 seems softer, rounder, verb, "modern" compared to the thinner, colder V.1. All in all a very interesting pedal. I'm keeping mine!