Here's what Peavey has to say...
"Once again Peavey Electronics revolutionises the modeling amp industry. Introducing the world's first Variable Instrument Performance amplifier, the VYPYR® V.I.P. The world's first amp that contains Bass guitar, Acoustic guitar and Electric guitar amplifier models. Now for the first time ever using our Variable Instrument Input a single amp can provide amplification for a variety of instrument types.
Not only does the amplifier morph from a bass amp, to an acoustic amp, to an electric amp, it also allows the electric guitar player access to instrument models as well -- another Peavey first! The Vypyr VIP's astonishingly realistic instrument simulations allow users to manipulate the sound of their electric guitar to mimic an acoustic guitar, a bass, a 12-string guitar, and more!
Using the combination of a powerful 32-bit, floating-point SHARC® processor and patented TransTube® analog circuitry, the Vypyr VIP series contains innovative technology to create the most diverse and best sounding modeling amplifiers available. The Vypyr VIPs feature new acoustically ported semi-closed back enclosures, which create an extremely full sound. Guitarists also have access to over 70 amp, instrument, stompbox models and rack style effects, allowing for endless creative options and a completely new range of tonal possibilities."
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