Excellent tool to overdrive a sound, add a hiss, squash something to hell or emulate a tape recording (getting rid of peaks and pretending that your regular Massive is something from 70s that you've cratedigged, not programmed just 5 minutes ago). Take your time tweaking it and build your tiny presets library as I did. See what you can get from your most basic tones or complex ones. Also, don't forget your filtering — as always, it works wonders on distortion. It looks like something very geeky and undergroundy, like a secret killer tool you would dig from the web, and it excites me:
sounds dirty, stereo, smooth — sounds great;
have pre/post gain, pre/post filters and other clever controls that you'd like to see in a distortion unit;
This can make a way into any sound design project and yield some solid and unique results quickly.