Ot can do that, and you can record perfect loops with it, mangle recordings with the sequencer while recording / playing. Super powerfull looper with frustrating limitations compared to other loopers. You can make any recording digital drums, synth, noise…
Personal : huge possibilities, that’s the main problem. It takes time to learn it well, and you have to make some choices. OT is the only gear I’d keep with my Hx Stomp for guitar and Perform Ve for vocals. You can make complex multitrack recordings, whole songs with it.
I have a Zoom H4, but I record directly in OT most of the time.
Buy it, try it, hate it, love it, hate it, keep it or sell it…
@sshiftyp and yes, I agree with @tnussb, even if DT is really capable, I think it’s very limited compared to OT for complex song structures.
You can play really long files for compact flash card (2GB, around 3h30m), and max recording is 8m28s with free RAM, vs 30s or something for DT.