You may like it. But then again you might not. Not really sure how THAT part (Scrambler) will work for slap.Wow ... long thread. Picked up one of these this week used from a Guitar Center in New Jersey. Looking for something to dirty up my slap tone a bit. Tried the Boss Bass Overdrive, and that sound is definitely not it. I'll see this weekend how the Ampeg does.
The EQ network does a pretty good job getting the Ampeg Mojo going, so you should easily be able to get a nice scooped sound for funk.
The scrambler here does not sound like the original pedal from back in the day, or even the separate new Scrambler Pedal.
The scrambler here CAN however (depending on the clean EQ, Drive and Blend settings) mimic the sound of an SVT pushed to the edge quite well (think more like The Knack bassist Prescott Niles' tone on the album, "Get The Knack", IMHO) or even (dare I say this and incite flames?), hints of Dee Dee Ramone's pushed live sound... There is a hint of "power sag"- the lowest bottom end kinda blurs out (some say disappear), and the mids get a bit more prominent.
I start with Drive and Blend set to about 10 o'clock and go from there whenever I need/want that 70's tone. My EQ settings are pretty drastic (and somewhat questionable!)- roughly 2 o'clock bass, 10 o'clock mids, 2 o'clock treble, Ultra low in, Ultra high out. Big, full and scary sounding right to a power amp driving an SVT810...
As with almost all things, YMMV!
Good luck and PLEASE report your discoveries!