Great idea/question here, thanks agedhorse!
I didn't read through all the responses here, although quite a few were very good. My responses/suggestions won't be too abstract, but they're features I usually dig:
-Higher input impedance: Supports both upright and electric.
-HPF (Able to be tweaked by user). This is YUGE!
-Ability to run either pre/post (power) amplifier to D.I.
-Mute! (Front panel)
-Tuner out! (Front panel)
-Effects loop (of course)
-Illumination of some sort...we all usually play in the dark!
And: Not overly complex. We'd rather be playing than RTFM.
Edit: Add the ability to run with no-load needed! Love that I can use my GK MB200 as a headphone amp, sans speaker cab. And could use it at a gig to drive an inner-ear monitor, and go direct to PA if needed, without a cab. (Haven't done this yet, but it's great to know it's available.)
Edit again: Able to properly operate at 2ohms!
Cheers,
Sean