I own the TTVJ and love it. The sound is excellent and it is easy to carry in a pocket when velcro-ed to my ipod. I tried the slip, a bit small compared to the ipod, so oddly enough, it makes the whole rig more clumsy. I find the warmth does an excellent job to temper the sound from my Edition 8's or with Senn's 650. I don't like the match to my Grado 325i. The TTVJ also matches well with all the IEM's I have matched them with - Grado GR8, Klipsch something or other, BW's new ones and Etymotic ER4. I have found the TTVJ can cause IEM's to sound a bit to shrill on the high end at louder volumes.
The TTVJ service is also amazing. The headphone jack went out in mine. I mailed it to Pete Millet, per Todd's, direction and had it fixed and back in less that two weeks.
If I were you, though, I would look at the ALO Continental V2. I can't wait to order one and give it a shot. I hear it has taken over as king of creating a warmer sound from the TTVJ. Though I don't like the shap of the continental.