I love it. I have Preset 1 as a cool modulating effect that make my bass sound kind of Hammond-like. Preset 2 is Twist delay. I use the delay in many songs by itself, and I can use the Twist when things get really crazy. Preset 3 is a short (130ms) delay with low feedback (just 1 repeat). It's also warp, so I can use it to create a wall of sound. In my last band, I'd just hold Warp down after we finished the song, and we'd jump straight into the next one. Preset 3 is just a sweet sounding Analog delay. The open setting is Sound-on-sound, so I can loop anything I need then jump to any delay preset I want.
It lets me do anything I want with plenty of room to experiment. The delay sounds excellent too. It may not be as warm as a Memory Man, but it's close enough for me. I can also do pretty much anything the Memory Man can and more, even the radical oscillating sounds. Once you figure it out, it's the best delay pedal on the market IMO.