It's a big programmable modeler with all their tonecore and FM4/DL4 etc put into it.
Any 4 effects running at the same time in any order.
Programmable "pedalboard" with 12 presets meaning you can program how you want your virtual pedalboard set up in 12 different ways.
E.g Preset 1: For your metal gigs, 5 distortion flavours, boosts, etc
preset 2: For your shoegazer gigs, 10 reverbs and 5 delays.
etc.
And none of that stupid amp/cabinet modeling.
And supposedly true bypass on the input and output. Whatever else is inside is digital so will not need true bypass.
The looper looks disappointing though. Looks like a simple looper without reverse and multiple layers or independent loops, feedback control, or the other stuff the serious looper people want. Just the basic looper and 100 prerecorded tracks inside for you to jam to.