What does it do?
Yes, though usually I have to sneak the Miku into a feedback section.
I use the Ravish pretty heavily, though. Currently on four of Catapult's songs.
It's my control panel for everything. It's an extremely powerful switching unit with flip-flop capabilities, blending, switchable buffers, etc. I needed a switching unit as we use a fair amount of effects and I sucked at tap dancing. But the main reason I got the Pedal Palette two years ago was that I needed an easy solution to a problem I encountered using the EHX B9/c9/key9 series. What I wanted to do was give those pedals a clean, uncompressed, no-always on overdrive signal while still using my standard "clean tone" for the bass line. The best sounds I have gotten from the series is when I send the keys signal to the PA and keep my normal bass signal going to my amp/cab. When I switched on the keys sound, I wanted my basic sound out of my cab to not change while the PA got a nice keys signal. But at the same time, I didn't want the EHX pedals to receive a colored signal as they sounded best first in line.
So I set my Pedal Palette up like this:
loop 1 - Always on - e.g. Cali comp, Valvecaster
Loop 2 - dirt (irrelevant for this example)
Loop 3 - keys / organ - e.g. EHX Series into the Strymon Lex straight to the board
loop 4 - other (irrelevant for this example)
And my first preset is just loop 1. Preset 2 is my keys loop and the following happens:
The Pedal Palette flips the order of the loops (1,2,3,4 becomes 3,4,1,2) so Loop 3 sees a clean signal and sends it straight to the board/PA. Then Loop 1 in parallel is engaged with all my normal always on stuff and that goes to the amp. Since Loop 1 is in parallel, it sees a clean signal as though it was first in line and doesn't care that the Keys loop is ahead of it.
I use this setup often with the Ravish as well. Similarly useful if you want to do lines on Ravish that track your bass lines and have them coming from 2 separate speakers.
These days I think the Boss ES-5 / ES-8 series probably trump the Pedal Palette. But I am not sure. The ES-5 is longer but less deep. Costs pretty close to the same amount. I find they work great - perfectly quiet switching, easy to program, easy to switch between presets and manual mode. Just a great unit. Hasn't given me anything but help.
Sorry for the long explanation