I think so. I believe the fulltone page did mention that. Lemme check...
Edit : Yes! From Fulltone Bass drive page
"Bassists need dirt too! But no one, until now, has given you something that works, with all the full, rich bottom-end that you deserve, damn-it! BTW, many guitarists use and prefer the Bassdrive for Guitar!
The Bass-Drive is a lot like its cousin the Full-Drive2, but voiced with an extra octave of bass coverage... still giving a natural, uncolored FATNESS to your thang.
From just adding a little grind, to replicating a raging SVT, to sounding like Jack Bruce in The Cream. (He's got one already!)
THIS WILL DO IT!
Bass-Drive devotees include:
Jack Bruce
Steve Stevens"