NEW FEATURE output buffer (when pedal is turned on in True-Bypass mode, or always when in Enhanced Bypass mode) which eliminates it from being influenced by effects that came after it. Translation, your sound remains consistent regardless of placement in today’s more complex signal-chains, loopers, and pedalboards. This buffer also had a positive effect on the sound, it reduced loading on the pedal’s hard-clipping stage, allowing more sustain of both the sound and the overtones.

NEW FEATURE Class A configured discrete 2N5457 JFET input section, raising the input impedance to 1 mega ohms (previously 330K) and increasing the dynamics…resulting in significantly better interaction with both single coil and humbuckers.

NEW FEATURE Internal switch to choose between ”Enhanced Bypass TM” & True-Bypass, and with no popping sound in either mode. No other company offers EB…I invented it.

What’s the pedal industries’ solution to this problem for the last 40 years?
Unity-gain buffered bypass…i.e. a couple of Field effect Transistors (FETs) configured as unity-gain buffers ala Boss, Ibanez, etc, etc.

What’s the benefit to unity-gain FET buffered bypass?
It reduces the loading effect that occurs using long lengths of cable, and you remove the loud “popping” sound when switching the device on and off.

VISUALLY
V2 has slightly smaller “OCD” and “Fulltone” logos, along with “Built in the USA” under the Fulltone logo. All Fulltone products are built in the USA, the V2 now says it. Make no mistake, nothing Fulltone is made outside the USA, but please know ALL resistors, knobs, pots, capacitors, switches, etc. for EVERY product in the world are made overseas! And because of that, legally you have to say "Built in USA" instead of "Made in USA."

Next, the IN & OUT jacks are placed exactly at the halfway point of the left & right sides on V2, whereas with all previous versions the jacks were located more towards the bottom.