Power of the amplification and the power consumption is way better than it's bigger brother. And thats the only thing that is better on the P1. If you make a custom cable 2 xlr mono > 1 xlr stereo it works as a stereo amp flawlessly. It is much more comfortable to use it for a standing setup, because, it is not as bulky as P1. P2 is a much better than a P1 amp in both: size and power.