The CE-5 has a few more tonal options than the CH-1, so I'm sure you can get a few more sounds out of it than the CH-1. But, I'm not sure if those tones are worth the extra cost. I have the CH-1, and it's hard to get a bad sound out of it. Just plug in, twist the knobs, and play away. I don't think you would be going wrong with either, though. Obviously, the best thing to do is go to a shop than has both and play with each of them to see which one you like better.