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You might hear it said that the MP20 is from the days where Presonus was GOOD. However, many are under the impression that the MP20 is at the low-end of the preamp hierarchy. So, the good part is that you get to see these pop up in gear trading land quite often as home studio owners upgrade, and they go cheap! What these guys don't know is that the MP20 is just a few affordable parts away from being in the top-end of the hierarchy, whether they are the originals with the Jensen transformers or not. Out of the box, the MP20 is a very good preamp with enough bells and whistles to excite the tweaker. Pres are clean, low noise, and the IDSS gives an adjustable warmth. It's good enough for Voice work. Acoustic guitars sound brilliant and warm, instrument in, phantom power. Everything you need is there. Clearly there is room for improvement. But if you need something cheap that you can upgrade later on, check out the MP20.