I bought this, as I want to move to a hybrid home studio, so that I am able to experiment and compose without my computer. For it's low price it is quite amazing. Sure there are better ones for huge money, but to my ears, the MDX2600 V2 is surprisingly good. I like that the two channels can be linked to form a stereo pair, where the controls on one side act as a master. The side-chain send and returns give me amazing flexibility, the gate is very effective, the compressor is at least as good as my stock plug-ins in ProTools. The de-esser does the job well too.
For the price of this thing, it is a no-brainer if, like me, you are a home studio hobbyist, who wants the option of making music without using the DAW. Connected to my Neutrik patch bay, the MDX2600 V2 has definitely earned it's place in my modest outboard rack.