yes... it does ive done alot of playing around with it and ive found better quality sound+ ease of use using it straight from mixer to efx to speakers rather than as send/return, with the disadvantage of not being able to isolate single channel. No matter what I adjust (depth, character, effect lvl, in/out levals) using send/return I seem to get small amount of feedback and using two effects at once things turn bad sometimes... otherwise yea its good. hope this answers your questionCheers mate.