My pedal "board" has evolved over the years. It used to be full of distortion pedals and a wah. Now it's just a compressor and a noise gate.
This MXR Custom Comp sounds great! It's got a low noise floor, and in addition to the two external controls, has internal trimpots for attack and treble detail.
While some people use compressors for chicken pickin sqashiness, I use just a subtle amount to equalize volume from string to string, and add a touch of "creaminess" (for lack of a better descriptor) to my tone. Lovin' this pedal...
Edit: Forgot to mention: the knobs on the MXR glow in the dark. How cool is that!
MXR stuff is awesome. I was actually kicking around the idea of getting one of these as well.