I've had one for about a year and a half now. It's a great mic at the price it's at now. When I bought it, it set me back 500 dollars USD. For that, I should have bought a RODE NTK or something of that nature, but it gives me a great dark, smooth sound and has the added convenience of the low-roll off switch and -10dB pad. I never really liked it on my voice simply because my voice is naturally more dark and midrangy, and
the gt-55's freq. response just makes me sound darker and more bland with little accent on the high end. Lots of my customers love it though, especially those with real bright voices or harsh hints in their high range.
If you have a brigher/harsher high voice, this is a great mic for you. Also, it's 300 bucks now, so you can't go wrong.
If you have a darker/more midrangy or lower voice like I do, I suggest something that has some more high end accent. I ended up splurging and spending more than I thought I would on a mic, but it paid off significantly. I ended up going with the BLUE Baby Bottle, which I LOVE.
Hope this helps
Oh, I almost forgot, there is more than one use for LDs, haha.
On a real nice acoustic, I like the GT55. I have a regular customer who plays on a Martin and it sounds GREAT. Most people tend to sway more towards a bright mic for acoustic, but with a great guitar, this mic really shines, in my opinion that is. I also like it on guitar cabs for leads and more harsh upper/high parts. I've used it on
my Fender Hotrod Deville 410 as well as some BIG amps like Mesa and Marshall.