I just got my Timefactor yesterday (haven't had a chance to install the beta 2.0) and what really stands out to me is the dead time / glitch that happens when enabling or disabling. I've tried both DSP bypass modes (I figured the relay mode would be even worse), and it's really killing me. I've never experienced a pedal that had such a noticable noise when enabling or disabling. I haven't really heard other people mentioning this problem, which I think is horrible, so it makes me think I got a dud. Is anyone else noticing this?
I would recommend downloading the beta 2.0 and trying it out. I believe it shortened the lag. I switched from relay bypass to dsp+delay with great results. The convertors are very good and do not mess with your tone, plus you get delay trails.