An overall great and versatile pedal that is way more than a one trick pony.
Does all the classic Whammy sounds well(covers all the Muse ground, Gilmour too), but it can also be used as a killer chorus pedal with the detune settings, or a "Any Colour You Like" sort of sound, and the MIDI port allows all sorts of sequencing. And of course, the drop tune side works great as a capo or down-tuning, and it pulls a convincing bass sound if you're not picky.
However, the further down/up you go, the worse it performs with more than one note ringing and it could be a problem at the extremes. It's also quite noticeably "digital" (trebly, harsh) when shifting up. It could be seen as the characteristic sound of the pedal, and it sometimes works, but it's not perfect. Otherwise, it has great tracking, slight lag when the pitch is shifted, but that's inevitable and not distracting. True bypass indeed, no tone sucking, and it's built like a tank.
There's still room for improvement, but it's great at what it does and it's not only for Muse and Morello, it's a jack of all trades.