I could be wrong in assuming this, but I was thinking that having the bright cap off would get you closer to the BE100 tone, while keeping it on would give you the Jose tone.
It has bright switch, but there's no cap in the amp as far as I know. Some people have added them to their BE amps. I like the option of having both because sometimes you might want the teethy bright cap, and other times you want a smoother tone.
Ok... First off all, absolutely killer tones and playing. Mr. Friedman should really consider your video for his website, as this is the best sounding demo I have heard for this amp. I was almost over my GAS for this thing... Time to sell a kidney...