This looks interesting. Would love to try it out!
Write up:
"Bearhug Compressor. This is a tonally transparent, ultra-quiet, tiny, and easy-to-build compressor. It occupies some middle ground between the ultra-subtle compressors like the Flatline/Afterlife and Orange Squeezer and the super squishy compressors like the Ross. The comp knob ranges from almost no compression to “you can tell it’s working.” The L/H toggle switches between a short decay for subtle peak limiting and a long decay for a mild “duck and swell” sustainer effect, as well as changing the overall amount of compression available. The Bearhug also makes a good lead boost — it will give you roughly 10-15dB of boost even on higher compression settings."
Schematic:
https://dl.dropbox.com/u/9878279/Jon%20Patton%27s%20layouts/Bearhug%20compressor%20schematic.pdf