I played a 30W Vypyr and was blown away by all the presets and stuff and i didn't even edit them. Can you edit Options 1,2,3 and 4 for the 3 different banks? Like, say i could set up Bank A with Metal Tones, Bank B with classic and bluesy rock tones and Bank C with Cleans?
Yup - you can have a total of 12 different presents if I'm not mistaken, 4 per bank. So if you wanted to divide it up that way, you should be able to.
My Gear:
Fender Squier VM Jazz Bass
Ibanez RGD7421
Jackson DXMG
Line 6 Pod X3
Yes you can. I say go for it. Its a great amp for the money.
American Strat:
Area 61 Neck, Area 67 Middle & Bridge
Spretzel Locking Tuners
Graphtech Nut & String Tree
Lots O' Love!

JSX + Orange Cab
Fender Blues Deluxe
Deluxe Memory Man
Fulltone Full Drive 2 & OCD
H2O Chorus/Echo
Imo the Vypyr 30 is vastly improved with an addendum of the sanpera I.
Squier classic vibe 50's strat, modded.
Dunlop 535q
Korg Pitchblack
Carvin X100B

Coming soon to a pedal board near you:
Analogman Sunface
Lovepedal E6
Area 51 wah
Skreddy Lunar Module
Malekko 616 Ekko