The more I use it, more I get addicted to it. 
It work and make miracles on separate tracks too in Cubase 7.5. So not only on the 2BUS.
“Track EQ”, “MAGNETO II” and the “Transient Designer” on Channel Strip is one of my favorite plugins in Cubase 7.5.
I often prefer C7-Transient Designer over others like SPL Transient Designer, NI Transient Master, PX-64 Percussion Strip etc…
C7- "Transient Designer sounds really analog and musical like real hardware “Transient Designer”.
The new “MAGNETO II” as good as the Premium-TwinTube that cost $2,099.00 hardware, $199 software that I have too.
MAGNETO II gives you something else, an unique character and they must have done something special with this new plugin like used VCM technology to model this unit, otherwise I wouldn’t like it as much as I do. I’m very fastidious when it comes to plugins and hardware. I only use what sounds best!
So now you know, all you that haven’t update to 7.5 yet. Something special and awesome waiting for you in the new arsenals of plugins when you update to new Cubase 7.5.
“MAGNETO II” sounds like 1.000.000 dollar sound for sure. 
Best Regards
Freddie