@FractalAudio Hi Cliff,
I've made a recording (attached) showing the difference I'm hearing and feeling. First pass is Public Beta 1, second Public Beta 2.
This is a very basic preset to make sure nothing in my own preset was messing this up.
We have an input block first, threshold OFF, nothing else touched from stock.
Then Friedman BE V1 in the amp block, all settings stock except gain upped to 9 as thats where I had it in my preset.
Cab block with a York Audio Mesa OS 412 SM57 CE2 IR selected, nothing else touched in the cab block from stock.
Output block, all stock.
Here you can clearly hear the difference, Public Beta 2 is muffled, has muddy low mids, it sounds a bit like you would if you knocked your guitar's tone control down a few notches. Almost sounds almost like some kind of blocking distortion is the best way I can describe it.
Disclaimer I haven't used a re-amp track, I can if you need me to provide identical takes. I just played pretty much the same chords each time, though this should be enough to hear something has went wrong with this model even if the model hasn't been changed since Public Beta 1.
If you need me to do anything else let me know.