The only limitation is the effects section which is only available when youre in the effects panel but becomes unusable if you switch back to the synth panel. That feature is unlockable for 5 euros but if you don't care, you can set up the same effects chain using your own effects.
"Give a man some fire, and he'll be warm for a day. Set a man on fire, and he'll be warm for the rest of his life." - Unknown