Dave, I started the other thread in the Club about this, and bought one. The first one I had was evidently a customer return as the bass input was very weak and the package had been opened. I got another, and it is better. However, since other folks said they had plenty of bass volume, I think I will find some better headphones to compensate.
As for features, the handiest thing to me is not necessarily the slow-down feature, but the loop feature. You can endlessly loop sections of a song to learn them.
The slow-down without changing pitch does work, but not very well at -50 and -32%. 8 and 16 seem fine, and that is usually enough. Above that amount and it does get digitally choppy.
The biggest pain is that you need to cable up your bass, headphones, and the A/C adapter to use it, which gets kind of crowded. If you have a bass amp which has CD style line inputs to mix in, it would be a lot more convenient, without headphones. (SWR has one model, and I forget who else...)
I got mine new for $150. I'd say it's really worth not quite that much, but I am discounting it based on the setup inconvenience-factor. If someone would package it into a bass practice amp, so much the better.
Unfortunately I immediately found myself busy and haven't used it much - maybe I should sell you mine!
EffClef