Played with it a bit after seeing your post.
After a while I got it sounding decent. Due to the GUI, it takes a while to figure everything out and see what each control is doing - and there are a lot of them. It could really stand to be wrapped in a more logical (not saying pretty - just logical) user interface.
The Breakaway stuff sounds really good and is easy to set up, but has minimal controls and fixed presets. Breakaway Live is my goto for streaming stuff.