Pros - Volume defies its conservative power rating. Punchy and articulate, versatile, not simply "baked in tone" like the detractors claim. Super light, solid low end, nice overdrive.
Cons - Lack of tuner out and a pre/post switch for the XLR out. But that has not been a problem, the cabinet simulation makes up for it.
I have been using this since black Friday 2014 and have been very impressed and am still pleased over 2 years later. I was initially using it with either an ampeg mc210e or swr WM1x10t as an extension cab. Sold the ampeg and the swr got stolen, and I ended up with the matching rumble 112 v3 cab which I highly recommend for gigs.
Recently I have stopped bringing the extension to rehearsals, the 115 alone has been sufficient. I really like the overdrive for a classic drive, geddy Lee type vibe with the gain set noon or lower. With the gain and drive dimed it gets a nice distortion. I don't really use the contour or vintage mode, but I usually use the bright button, and keep the tweeter turned off.
I have used the contour, bright and tweeter when slap wanking with it, and it does the modern thing quite well. Obviously those that swear it only does warm vintage baked in tone, have not given it a chance, or they really were determined to hear that, so they hear that regardless.
The review about blindfolding a gear snob is dead on. This is not your early rumble/bxr blah meh amp. This is a huge improvement.
I have used it for several gigs and one band is in drop C, and it pushes the lows just fine, and I rarely get the master much past 10oclock, plenty of horsepower to spare. Sometimes I think mine has a rumble 500 power module in it.
Pros - Light weight.
Cons - Main volume changes the Direct Out volume.
Take your local gear snob, blindfold him ('cause, c'mon--it's a 'him'), and stand him in front of this thing and let him hear it. Then, have him extend the pinky of his right hand and hang this mini tone monster off it. Then drop the mic and pick up all the gear you needed for the show and walk out with it in one trip.
Smiles all around with this unit. I've played for 5 people and 5,000 with it. No problems whatsoever. Works for BG and DB. Never a hiccup. 34.5 pounds of good time low end. You might want more than this will deliver, but you don't need it.
Pros - Very light weight and sounds good set "flat". To me it sounds better than most of the other 115 combo amps out there.
Cons - Though the low E seems a little weak to me, possibly due to the limitations of the stock speaker..
I was using the much heavier Ampeg ba115 for lower volume gigs and this Fender is louder and MUCH lighter and seems to have a better over all sound. I also favored it over the Markbass JB PS model that I returned, which sounded great in the store, but I could not seem to get a tone I liked on the gig without lots of fiddling. This front ported Fender is just so easy to dial in. Good solid bargain and has been very dependable so far. I would like to try it with a 4 ohm speaker, just to see how much extra head room it might have. better over all than most of the other 115 combo amps out there with similar specs. I have not used it live with a second speaker cab yet because when testing that setup, I found (no big surprise here) that it didn't hold up against a 500 watt Eden or Markbass head with two cabs. So, it's not going to be my first choice for loud (outdoor) shows, even with an additional speaker, but for the smaller jobs, it's just fine. I'm sure an additional cab would help expand it's range some and if you have PA support and your band isn't super loud, it should be fine just as it sits. I got a cover for mine and that will help it retain it's good looks.