ah yes, i forgot about the noise. however, there's an easy mod that can eliminate the noise.I've had the original one and the new one. Both sold now. However, I do not recommend the original. In addition to the short delay time, it's a very noisy looper. @goodhonk is being polite by calling it not as pristine.
The III is very nice. While it has all those features, you don't need to use them and they don't get in the way of the primary looping functions. I used the different loops and the loop multiplication feature only and was very happy.