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In a nutshell, I'd say TH3 has a neater sound that fits better modern playing styles and all sorts of rhythm guitar sounds. Some freezes and choppy sound problems when launching some of the presets There's a great loss in visibility, especially when you have tons of custom presets. That's quite subjective, but I really prefer TH2's matrix-like preset organization compared with the way they are aligned in TH3. No "minimap" for a global visualization of the whole effect chain No more possible to change the background The multi-layer looper doesn't seem to be moveable, it's impossible to put it before or in between effects: hence, no way to use it to record a track then play it to adjust your settings Some new effects are either useless or gimmicky (an emulation of another emulation with bad-sounding effects) A more precise sound also makes it more difficult to get a natural, organic sound, which won't serve some playing styles Integrated multi-layer looper and metronome (better for recording) Ability to import TH2 presets (caution: sound is slightly different) Finally, pedals and amps look different from each other AND have a look reminiscent of their original counterparts
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Great new stompboxes (such as a new, ISP-like smart noisegate) Original presets are more varied and different from those in TH2 Cab sounds seem wider and more diversified, with a better response to mic placement than was the case in TH2 Sound appears more precise, cleaner and of a better quality than the previous version Easy to use from the beginning, quite intuitive and as easy to use as TH2
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I can easily compare both TH2 and TH3 since I own both (well, almost: my TH3 is a 15-day free unlimited version) and I'll tell what I perceive as the good and not-so-good points of this new version. It only took me very little time to jump on it when I got the email from Overloud announcing the release of TH3. Using it with an i5 under Win7圆4, and a UX2 audio interface.