Yeah, I have used it with the 48v phantom power mod (not really a mod, you just had to connect a jumper on the earlier version to get the phantom power connected) and it works great. The combo jack is also the 500k impedance "electric" channel and it sounds better with electric bass than the 4meg input (500k = same as the LMII).
Whoa. That's interesting. Do you know - can this phantom power mod be done on the LMII in the same way? Also when you say "it works great," do you mean from a technical point of view, or the sound? How does it sound?