Is this a good pedal? I would mainly use the overdrive models.

Does it suck much tone in bypass mode?

Just wonder how the models compare to those on the ME50 which I have.
Ibanez RG570
USA Strat
Epi Les Paul

Peavey Classic 30
Epi Valve Jnr
Laney LV200
Boss ME50
Daddy O
DC Solid Metal
GNX 3000