Yes, I have just recently purchased this amp also. I like it!

One thing kind of bugs me though. This business of having the 24 presets arrayed in 3 banks of different coloured lights seems really clumsy and old thinking. I have found that I need to write down the settings for my songs ie. About a Girl - Green C.

You can assign a new name to the preset (especially if you have modified it) but that is only visible to you if you have your PC connected. Generally I don't.

What I would have liked would be a simple LCD screen on the amp itself that you could scroll through to select presets that have been named by the user. Much easier to manage your presets when not connected to the PC. You could easily manage a larger number of presets also. This system would use commonly used technology, would be easy to see where exactly you are at preset wise, would be inexpensive and up to date.

Wonder why they opted for the "clumsy" 3 banks of different coloured lights system?

Just my opinion of course. But, all in all, I am happy with my Mustang 1 v.2.