Good chorus, good price
The V2 Liquid Chorus is very easy to use, of course, this is assuming you understand what each of the knobs are doing. One thing I really, really like is that the adapter plugs in on the back of the pedal, which really helps to keep cords untangled and out of the way. I'm only giving a 4.5 because I think 5 is absolute perfection. The knobs could have been just a little bit farther apart. I never use manuals as I use my ears to dial in my preferred sounds.
It is important to mention that this pedal is not designed for extreme effects: it is designed for rich, lush chorus, tremolo-like pulsing chorus, and everything in between. No whacky settings here. Before going any further, I'd like to say that I play mostly speed punk, ska, and reggae, so I'm probably in the minority here. This pedal will not give you metal and hardcore sounds. I use chorus to subtly give sparkle and vibrancy to my clean, and I use a very noticable chorus for solos to give a searing, fat sound that is still bright but requires no overdubbing. This pedal does both of these very well.
Sound quality is a very subjective thing, but there are some things, like the amount of noise a pedal makes, that apply regardless of what you're looking for in a pedal, and I must say that this pedal is just OK when it comes to how noisy it is. It adds hiss, and the boutique pedals are a bit quieter than the V2 Liquid Chorus, but it isn't bad, and there isn't that "oooeeeeeiiiiooooeeeeeeeuuuueeeee," sound that cheap and digital chorus pedals make, but that may be because this pedal doesn't do extreme settings, idk. I'm not thrilled with the slight hiss, but it isn't bad, especially for a non-botique pedal.
I really think this is a good buy for the money. I had narrowed my choices down to this and the Analogman (which I think is about $225), and I chose the V2 simply because of the price, but I don't regret choosing it, especially since it has 2 more knobs (I think 4 knobs is just the right amount, too: not too much, too not few).
One other thing that is very important to note is that this pedal rolls off the treble. I use P90's for distortion, and there is an obvious drop in treble, well, I'll say in the presence, actually. If you were playing with humbuckers (especially hot humbuckers) through an all tube amp that clips at like 4KHz, then you might not even notice, but it is there, especially with single coils. It isn't that bad, but I am docking a point for it.
This pedal seems pretty reliable. The plastic knobs seem pretty sturdy (for plastic, anyway), and the metal housing seems sturdy. the footswitch button isn't as stiff as I'd like it to be, but it seems fine. The input and output jacks have metal screws, so at least Visual Sound isn't cutting corners there. It isn't a tank, but it's solidly built.
I like this pedal enough to not send it back, so if that means anything... I'd say buy it.