

It appears to offer everything the RE-20 does and more, by including modulation with the "wow & flutter" knob. The only thing that it would appear not to do is the RE-20's "twist" thing, but that's a minor gripe. I think this may well be better than the RE-20, and maybe even than the El Capistan by being smaller, more affordable (I would assume), and offering more tape head combinations (I love modes 10 and 11). For me, it'll mostly come down to what happens when you plug in an expression pedal and start messing with the repeat rate; that's the one thing that sounds better with the RE-20 than with the Capistan and the original RE-201 won't let you do (not with your foot anyway).
Can't wait to try this thing!