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I only just saw this thread. I'm not sure how a CE-2 would sound with a purely sine wave modulation. I think it might ened up sounding a little lop sided because the peaks and valleys would be much more drawn out.

Shortening the delay time helps with a sine LFO quite a bit in my experience. You get that super smooth sweep without spending a ton of time at the long end of the clock sweep.

I scooped one because of this thread and it sounds great. I haven't compared to the earlier version but I was a little surprised to see the MXR doesn't use the multiplex configuration found in most other pedals that started with an SAD1024. Would be interesting to tap the output off the first MN3004 as an alternate sound.

The 125B may predate the 1590N1. Hammond added a bunch of enclosures in the last decade or so that weren't available when I started building pedals and the N1/BB2/B2/etc... that don't follow the 1590(letter)(letter) format in their names are all relatively recent. Or they may be ported over to the 1590 series from one of Hammond's other lines that was not common in music industry products. Around the same time is when they started offering a few enclosures in half a dozen colors other than black and natural. You're probably right that it was only available with ribs.

The reason 125B is more prevalent is likely based on cost. When 4Site enclosures came onto the market they were half the price of a 1590N1 or less. Since the enclosure is often the most expensive part of a pedal this is a huge savings on BOM cost for a manufacturer and you end up with many people referring to that part number because its just what they use for their products.