Phil, I've been doing a little A/B'ing vs the Meatball clone tonight with my OC-2 and Brown Dog clone and I have just a couple peeves with the PX-101, or rather the Moog MF-101 design:
#1: No control over attack or release speed of the envelope without an expression pedal. I've had an XD before and the toggle at least gave two distinct speeds. The Meatball has both Attack and Release speeds so I got spoiled even though the slowest speeds can sweep as slow or as wide as the XD.
[EDIT: The Envelop Amount can help alter the opening speed of the filter but may require changing other knobs to get the same frequency response]
#2: When the envelope is used to filter, as resonance increases the lows start to drop out so for me it is a "flatter"/less dynamic experience than with the Meatball clone. I put my Spaceman Equinox afterwards and felt like it helped a bunch in this department.
So for me the Envelope/Triggering side is pretty weak and the achilles heel of the pedal in the octave/fuzz chain. With dry bass I felt the envelope/trigger side fared better but it doesn't compare with the Meatball.
[EDIT: The 101 may require a lighter touch than some other filters. Additionally, you may have to lower the treble of preceding pedals since the 101 can have a wide sweep.]
Now where I think the PX-101 shines is as a static filter with its 2- or 4-pole choice. As a static filter it sounds like there are more lows retained and consequently it feels better to play through it as such. It can get deep here. I have to play around with it more but I doubt it would dethrone your XD unless you use an expression pedal all the time, which I still have to test out properly.

[EDIT: 2-pole static filtering on the PX-101 is very, very nice with the OC-2/Brown Dog in front. Very beefy with low-end retention, clarity and warmth. The Meatball gets close but no cigar and I don't thing the XD will be able to match it here either.]