I am just getting into the analog world, and really understanding what I need as opposed to what is popular and famed. I will say though that this to my ear lives up to it's reputation. I haven't found a compressor to track female lead vocals better than this revision of the dual LA2A other than single teletronix version. I will say this doesn't give me as much icing on the cake on higher frequencies like the older revision.
I'm a preset guy and I like to build from there on, so fixed attacks and releases are REALLY attractive to me lol. I know I shouldn't think like that but I like to trust what I use and then add my flair. This is the part where I slightly buy into it's historical fame.
I find it really useful when leveling stratocasters with single coil pickups, and female vocals because I like what it doess to higher frequencies. Some compressors give sounds the strong gels where you know a guitar is in the mix, but it sounds just lifeless. This compressor almost make me feel professional. Like, I actually know what I am doing.
Sometimes I do feel the need to want to compress something at it's transients, I think about it and then realize I can't. As a musician on a budget, I don't think this is the move if you are trying to do a million things. If you are that guy who just wants to track something smooth, add that character I was talking about before and to make your life easier mixing in the box, then this is the move. I can stress enough, but this is angel butter for female or high male vocals. I like other compressors for male vocals better. This does the trick for guitars. Also it is useful if you can track analog synth pads through it! I wish I could afford the older revision, because I like what it's got going on! Smooth and easy.
I have never used the newer revision of this.