Description from Austone’s original product website
“Hand built in the finest Austone tradition. As with all Austone products, the circuitry is discrete and the components are hand-selected and individually tested. One year of research and testing results in an overdrive that is transparent and touch-sensitive. Transparency maintains the tone of the amp when the pedal is switched on. Touch sensitivity means that the tone can be controlled by the picking hand.”
“Unlike many mass produced products, the MILLENNIUM OVERDRIVE will not compress your signal. Also cleans up nicely when the guitar volume is rolled off. Many players leave it on all the time! Rolling the tone down takes you into woman-tone territory and rolling it up gets the bite needed to cut through on lead breaks.”
“With the DRIVE control at lower setting, the pedal reacts like a small tube amp turned way up. That is, it is clean until you drive the string harder then it overdrives. As you advance the Drive Control you get into British tone territory sounding like Cream era E.C. with lots of screaming sustain. The level to the amp, or next pedal, is controlled by the OUTPUT control. Each unit is tested for 1Volt of output, so there’s plenty of output!”
“Each MILLENNIUM OVERDRIVE comes complete with true-bypass switching, as with all Austone products. Each unit comes standard with a cool blue active LED indicator. The housing is the same heavy-duty polished aluminum box that has long been identified with Austone products. This is quickly becoming the overdrive of choice for pros.”
Sadly, Jon Byron Bessent of Austone Electronics passed away in 2009. The information presented above certainly must have come from his website or some other marketing materials. You can read Jon’s obituary here.
More information here: