| Maybe.
I've been using one with my acoustic-electric in my acoustic trio, and it gets a noticeably better sound in that application than any other of my stompbox preamps (Sadowsky, Aguilar, Radial, EBS, MXR, SansAmp, Eden ... pretty much everything.). That's not to say that it will do the same for your electric, but it's definitely my favorite among those listed. It's a bit pricey, but it has a nice, creamy sound across the spectrum without any bottom-end mush. If you've got the coin to spare, I'd give it a shot.
BTW, the outboard preamp is not the same one as the ones in their basses. That's what Mike Pope told me. Similar, but not the same.
If you want to spend about half the money, I've also been very happy with my SansAmp ParaDriver DI.
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