I know that the both the Quad and Nano have stereo outputs. Is it possible with either unit to run 2 completely separate presets out of each output for 2 independent sounds at the same time?
Not with the Nano AFAIK.
Quad cortex can run 4 independant lanes.
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This is correct. You can route a myriad of signal paths with multiple inputs with the QC, but the NC is limited with only MISO or mono-to-mono paths.