Coming to the topic 9 years later. Do it, because the discussion is relevant.
Answering the question (the topic author for sure has already solved the dilemma at this date): Yes! F***ing try it!
I'm watching you guys debating prices... Let's go! In Brazil, pedals are expensive as your kidney or a piece of your liver. 50 bucks? Here you can't buy a DS-1 (for example) for less than R$ 350,00. So, 50 dolars? Come on! Try it.
About technical issues, the opinions about losing low end with the DS-1 are for sure correct. But you can optimize it doing simple stuff, like boosting your lows in an EQ or using a pre-amp after the DS-1. I used the DS-1 as my main distortion pedal for more or less one year. It was positioned on my pedalboard before a Boss BB1X (bass > ds1 > bb1x > amp), and with the drive knob of the BB1X on 12 o'clock, or less, by switching on the DS-1 I had a great distorted tone, just giving a little bit of lows on the BB1X. Of course: is you use the DS-1 alone you will lost low end (and it also depends of your bass, your playing style, fingers or picks).
Make your experiences, toy with your pick ups. Turn it on, turn it off. Condemn the DS-1 just saying it will kill your low ends it's a little bit precipitated and kills the expementalism that can give you an unique and exclusive tone, your trade mark.
Actualy, I'm using a TC Electronic Mojo Mojo before Boss BB-1X, just because it gives me more options. And here is the motto: the final result is all that matters, the sound is all that matters. Diagrams and formulas can help you, but only with the experiments you can reach a single tone.