Ummm, Well yes and no. It has a "PFL" indicator, but it will only display one channel. It displays whatever channel you are cueing (Whichever channel you depress the "pfl" button on, to cue through the headphones).
I also use the qfx! It's awesome! I use the velocity for my CD's. Check out my website and listen to some of the mixes there to get an idea of all the things you can do with it... http://www.djayrage.com
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