I highly recommend upgrading to this version! The functionality of the TF has been greatly improved. I am very happy with the way it operates. The looper works great now (no volume loss). When recording, your dry level isn't touched and when playing back, 0-50 doesn't affect the dry signal. At 50, you have equal levels dry and loop. The pitch shifting from tap tempo and patch changing went away, so I now can turn on my spillover-which is nice. I run in DSP+delay bypass so they can fade out. I am very happy. I got lucky today and happened to be off work to check this stuff out right away.