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People complain that using a compressor takes the life out of playing guitar. The blend knob on the Pulp n Peel really gives you a chance to have the best of both worlds. I rarely turn this pedal off. Its simple and sounds great. A friend of mine was using the Walrus Audio Deep Six but ended up going back to a Dyna Comp because the other pedal was too noisy. Glad to say I barely notice this pedal is on, but I know when its off.
I got this originally because it was on sale at a buddys shop but also because I was looking into a blend style compressor. One of its awesome little secrets is its built in black buffer box which is always active even if the pedal is off. It's put early into my chain so that the buffer can well, buffer the rest of my pedals.
Had to go through a couple of compressors to get to this one. Had a Dyna Comp for the longest time. Tried having the Deep Six replace it, but it was too noisy for me. I decided to try a Pulp 'n' Peel after having a friend talk me into getting one and I don't see this coming off the board in a long time. It gives me the sustain that I need and the blend knob is great to have as well. I can choose how much compression I want at any given moment. I never turn it off.
I run this at the start of my chain (before my volume pedal) so I can get compression on the original guitar signal. I set all three knobs at about noon for a moderate amount of sustain and compression (so it's not too squishy). Once in a while I'll turn it off—it's then that I realize how much it helps even out my tone. The v3 also has (currently JHS is up to v4) a LBB (Little Black Buffer) circuit with an internal dip-switch to turn it on or off. So that's pretty awesome!