first impressions: a surprisingly cool little pedal! Those xx7 Ibanez pedals are sort of known for sub-optimal build quality but cool sounds. This follows that tradition i'd say.
The LPF portion still retains the lows on bass rather well and it follows the pickung dynamic nicely. With the Manual before noon, it doesn't get too quacky, too.
The distortion on the pedal is cool, BUT similarly to the Wah mode, it doesn't have much low end. It's quite cool for some more "lead bass" sounds or perhaps solos, to make stuff stand out a bit more. On guitar, I'm sure it'd be very usable
edit: yep, the Wah and distortion modes are great on guitar. On bass, since i'll use this for texture and flavour and not just standalone sounds, it's sort of redundant. Still - seems to be a great bang for the buck if you can find one used!