HY-Lofi2 combines a bit quantizer, distortion/waveshaper unit, and a filter section with high pass and low pass filters.
Two new quantizer modes have been added for a total of 4. With various quality options and a knob for bit depth, it offers a nice range of degradation from subtle to complete audio destruction. Mode 3 and 4 are modified versions of the original two modes. While they may sound similar, they respond in different ways when using various quality and bit depth values.
The drive section has been simplified and has just one knob to control the drive level. The HP and LP filters offer basic tools to control the tone of your sound.
Also new in version 2 is a separate input and output level, and a slider sets the dry/wet balance of the signal.
HY-Lofi2 comes with a familiar GUI, including a resizable interface, undo/redo, and randomize and clear buttons. The presets manager includes 4 demo presets, and you can store user presets as well.