I could get ALL kinds of sounds out of the V. Almost... I could never get a satisfying Marshall or modified Marshall type of open crunch or lead tones out of it. When I used the GEQ to dial the Crunch channel, I could get it decent, but the EQ bands were off from where they'd need to be for me to get it where I wanted, plus, the EQ was then not usable for other channels in those settings, so channel switching was compromised. If I dialed that channel for crunchy rhythm, switching to C3 for a lead tone was sketchy because the EQ was set for the Crunch channel and didn't work well for leads.
I guess overall, I wanted to be able to dial all three channels to something great, but since the GEQ was so integral to dialing tones, you'd dial something really good on one channel, then go the next channel and those settings wouldn't work with it. In fact, this is specifically why there are two GEQs on the JP2C. So that C2 and C3 could both be dialed to exactly what you want.
And lastly, not to just blast off on the V, it worked great with older PRS guitars and other higher output pickup guitars (like my JP12 BFR) but not as great with the new, lower output, (more full range) guitars. My guitars with NF3, 57/08 and 59/09 never sounded as good (even though the pickups were arguably better) as my older C22, the JP12, etc. The extra high end of those pickups was ice picky... and dialing it out made it sound dull. I had all this beautiful extended high end available from the guitar, but I just couldn't make it work well with that amp. (Hind site being 20/20, perhaps I could have tried more speakers and found something that made it work).