You can download the artist toneprints or create your own. Yes, the HOF mini will only store one setting. Even though it only has one knob, you can make that knob control up to three parameters at the time and decide how it controls them. e.g. From 7:00 to 11:00 the trichorus is on 100% an the reverb level increases. From 11:00 to 12:00 trichorus decreases to off, reverb is full. From 12:00 to 5:00 the FX level decreases. With this setup the HOF mini is a chorus, a chorus with reverb, as well as just a reverb pedal. If you like to fiddle with knobs and dial in your sound on the fly, you should not get the mini. If you're okay with set and forget, the mini is great and has a freakishly small footprint.