I allways use the EHX BMS with an Octaver in front. It's gives you such a cool Synth Sound!
I use the OC-2 and just the 1 octave, the original signal and the 2. octave all the way down. The MXR Deluxe works well too and it's got more output, so the sound will be even bigger I think, but i just like the OC-2 sound more..
So to answer your Question: yes it will work great but of course you have to play everything an octave up.
I made a demo of this sound once: https://soundcloud.com/frankie5000-1...ass-microsynth