IMO, the MB150E/112 & MB150S/112 are known for their very light weight, great tone & reliability. So, yeah, recording, practicing by yourself, or practicing, or playing, with a moderate volume level band with the 112MBX ext. cab, is why I bought them. I had a jam yesterday afternoon and the more experience guitar player remarked how great the tone was with my MB150E/112 & 112MBX. Hey, Carol Kaye says she uses them for studio work. BTW, there's a sticker on the back of the 112MBX cab near the input jack that says, "8 Ohms, 100 Watts". I assume that these cabs are NOT rated at 150 Watts as many have posted here. As far as settings, at this point, I'm running all EQ flat, the Contour maxed, the Boost maxed (Boost is only on the MB150E model!), and the Hi End Boost all the way down. IMO, at this point this combo amp wouldn't cut it without the Contour & Boost, but, I'm still experimenting.
UPDATE: I did a moderate volume level stage gig this weekend with great room acoustics. I ran the MB150E/112 with no ext. cab with input vol at 9 PM & output volume at 12 noon. It was able to cut it with only a tad sent into the monitors for the band. I did find myself turning down the Contour Control from 'Max' to 'Halfway' in order to get more mids to punch through the drums, guitars and keys. The PRE direct out was cliping for the soundman. He switched to POST and all was ok. Not sure why this was other than this 1966 Hofner bass, with Hofner brand rounds, has very hot staple pickups!?