This is a great choice, and i was thinking about it as I read your OP. I like it so much, that after I sold my first one, I bought another. In truth, I now use a more modular setup, individual effects and all that. But for a multi-effect the ME50B is hard to beat.
You can get grazy with it if you want, devoid of menus to wade through. Or you can kind of use it as a pedalboard with distinct pedals. Very versatile.
I really like the compression in the thing.
Not so happy with the tracking of the octave, but it's definitely functional.
Good EQ.
I never use the distortion.
Two slapping thumbs up on it.
Nice. Thanks. I was hoping to find one with usable overdrive. I'm guessing you don't use the distortion for a reason?