Nice surge of discussion on this thing. I guess the first batches are arriving home. My first impressions - compared to the Babyface Pro (BFP), this is a little flimsier. It didn't feel quite as solid and things (relays?) are rattling inside when I move it, which adds to the flimsy feel.
Functionality wise, it sounds as good, if not better, than I expected it to. The mic pre has more gain than my BFP and the instrument inputs seem to sound better, maybe I finally have them setup correctly in TotalMixFX. The additional channels and features available in TotalMixFX is really awesome, again compared to the BFP. I think this will suit my needs for many years to come. I can't wait to use the direct recording functionality when I'm recording with a band.
Mine's been on for about 2 hours now and it is slightly warm to the touch. Nothing I'd be concerned over.
Overall, I'm very pleased. I think if you don't need a bus powered unit, this is a way more capable interface than the BFP.