Can one ToneWoodAmp be used on more than one instrument?

Using the ToneWoodAmp with Multiple Guitars

The ToneWoodAmp can store individual Master Gain and Notch filter settings for up to five guitars. You will need to purchase additional X-braces for each guitar that you use.

Once each guitar has an X-brace, you can enter the Global Settings>Guitar # menu to assign your instruments to banks 1-5.

Each "Guitar #" bank will store the Master Gain and Notch Filter settings for the guitar assigned once they are set. However, all of your saved effects presets in the memory (parameters, vol/gain) will be accessible to all instruments, no matter which guitar you have selected.