1 vote for the new stuff! Sounds great to me, 12 band eq, valve drive, compression, any sound you like! A bit flimsy I think not made by Peavey when did they make flimsy stuff? In tests it was dropped out of a 3rd story building and worked fine with just a loose chasis (bass magazine), flimsy lol. The new stuff gets slated but not by the folks that buy it, you cant tell how it sounds in the corner of a shop, get it on a stage with a band and then say its crap!
I feel better now +1 for the new trace stuff (I know im getting me coat)