The Hall, Plate and WET algorithms are among the best reverbs on the market. They unfold in an excellent way and respond to the Tone and Modulation controls in a good way.
Other effects are not as useful. The Spring effect doesn't sound authentic. Shimmer is way too piercing even if you max out your tone control. Sustain is hard to find a use for, at least for me. Detune and Echo are not really reverbs but rather a half-decent chorus and delay.
For the MkIII, I would happily trade the effects above for the Wet version 1algorithm (The original reverb from the Wet Stereo reverb pedal). And the Rumble effect found on Illumine.
The pedal itself has great build quality and virtually no noise. Stereo imaging is very lush.