Seriously. If you're not using 270 Degrees, and throwing the Rate Knob to 3 o' Clock, you've missed out. There's something about that slightly off, slightly... It really does feel weird, ya know? But I love it.
I snagged this on MF's SDotD, and boy am I glad I did. It's been a staple of my board ever since. Hell, I don't even know if the Boss equivalent would replace it at this point--and that's saying something, since I eat, sleep, and BREATHE Boss!
The metal enclosure can feel a bit flimsy at times, but my old guitarist had this phaser and I liked it so much that I ended up buying one. The phase switches give a lot of options, and the rate knob is effective. It would be nice to have a little more control over some of the parameters, but, for how inexpensive it is, it's a nice phaser.