Neat project. I have a bunch of 4049UBEs so this is the kind of circuit I could use them up on.
A couple of thoughts. This circuit is very similar to the "bounce" side of the ROG Double D overdrive (schematic) below. I would consider adding some improvements from Double D to the Three Legged Dog (...giving us the D Dog! Heh.
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(1) 20K or 50K trimmer for the JFET. The 8.2K drain resistor will only work if Idss and Vp are in a certain range for the J201 used (my JFET calculator indicates the drain resistance required will be in the 10K range for some typical Vp and Idss values).
(2) Small caps in the inverter feedback loops. That should help tame the squealing reported for this circuit.
(3) Optional output buffer like Double D.
(4) Try different values for the 10uF source capacitor on the J201. My experience in the past is that you get a big boost with a large cap value, but if it's too large the boosted bass frequencies can be too much. Lower values can tame this effect - or you can put it on a switch as a "boost" option.