The Color Box V2 has all the same features as the V1 with many new and improved additions such as extended equalization controls, a Hi/Lo switch for huge headroom, and the ability to pass phantom power to your condenser microphones. The most important improvements are:
Addition of an output transformer.
Safely passes 48v phantom power.
Equalization toggle buttons for precise EQ control.
Hi/Lo switch for ultra-clean headroom.
100% clean signal available even on acoustic guitar.