I've run the same kind of pedal for about 10 years now. I think it really depends on the type of stuff you're playing. For most country I use it on the solos, for the blues and rock I use the sustain. It may not be the same for you though, I know some guys that use it more to boost their leads.
The most important thing is to make sure you have the amp tone you want without the pedals. To me pedals are like spices on food, they're not the main course. I'm all about tone, I want that beefy, full tone that makes you think you need to turn down a little. The thing is to do it without cranking the volume, as you add the tone you'll increase the volume. When you get that sound then add the compressor/sustain pedal, set the tone at about 1:00 to start. Set the level to where when you stomp it, your volume doesn't increase. The other settings will depend on what you're playing.
Have a good one, and let me know how it goes.
JD
Latest Tutorials
Bending The Flat 7 To The 1
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Hybrid Picking Progression In A
Double Stop Progression In A
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Behind The Nut Bends On The G String
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Latest Tutorials
Bending The Flat 7 To The 1
Chicken Pickin'
Hybrid Picking Exercises: One Finger
Hybrid Picking Progression In A
Double Stop Progression In A
Crosspicking Combinations
Behind The Nut Bends On The G String
Behind The Nut Bends On The B String
My Lessons
http://www.youtube.com/jdfenderbender
myspace.com/jdjarrell
myspace.com/guitartrickscountry
twitter.com/jdfenderbender
facebook.com/jdjarrell