Hi Andy,
no, the 16T does not come with presets, but to be honest, there is not need for it. The 16T has only three buttons: Threshold, Ratio and Output Gain.
To compare it with the default comp is not very easy, because there are some interessting, none linear things going on in the time domain. The more you push the signal into compression, the faster the attack and slower the release becomes.
But yes, it sounds very good. I like it. Be aware of the change of the time constants and you can apply the 16T on all sorts of signals.
Cheers,
André