EVH 5150 Iconic 15
Presence control:
Reverse audio taper which comes up faster. Other 5150 amps the presence control does nothing until about 5.
Red channel:
The gain was reduced compared to the 5153 (somewhere between the blue and red) to allow the burn switch to be a bigger gain boost.
the red channel has a built-in automatic noise gate that increases with the gain knob.
Green channel:
The Overdrive button on the green channel is intended to match the 5153 blue channel. This means that this is essentially 2 channels in one.