I'm probably one of the biggest TE fans on here - I have 5 currently, including an Elf which, IMO is only a Trace Elliot because it has the sticker on it. It doesn't produce the classic Trace sound that most of us have come to love.
TE started to go down hill when it was taken over by Gibson then Peavey.
If you want the classic Trace sound in a Class D, buy an Ashdown.