I use my Basswitch as my DI, EQ (gonna try running it as my sole preamp into poweramp tonight for fun, as an eFX loop for dirt and comp (the dirt is switchable with blend function with compressor being always on in the other loop) along with having my tuner run into it so its out of the signal chain......AND it has a mute function! It just sits on my pedal board quietly doing everything without any fuss and has been flawless since the day I got it. I also run my sh*tty acoutic guitar into it for recording /eq too.
These make a great addition to your board as a 'brain' or 'hub'.