Just recently ran some mixes through P38 "Edward" regular blue face.
Few good impressions:
Pros:
- adds slight sheen on upper-mids and glues mix a bit
- fixes dynamics of mix in very uniform and controlled way
- makes mixed louder without destroying quality etc
- very clean sounding, but it does have some sort of opto-color
Cons:
- input&output knob changes balance of L&R ( or cheap dented switches)
- Different amount of compression changes L&R balance very annoying (has something to do to M/S)
- if you sweep with sine-wave, you'll get random harmonic distortion at low levels which is probably destructive to mix
Conclusion: I think for mastering use it needs to be little higher quality build, knobs need to be detented and have no errors in L&R balance because it can seriously damage mix even by 1-2 db of inbalance
otherwise transformer input, opto -color is indeed interesting & sometimes useful for mastering