I'd say you're right. If you blend in clean to unity, changes in the other knobs and the switch don't result in drastic volume changes, so you can pretty much have your way with them at that point. Excellent, especially if you put it into LED mode. Got a little bit of a mid boost somewhere between 500-800 hz, but it's totally tasteful and will get as mild as you need it. Here are a few brief samples of mild tones I could get with it and my Geezer'ed Precision. It's become the pedal I use most for overdrive, and it kills in the Motown medley we do.