I am fairly new to the whole home studio 'thing' but as a musician I have spent plenty of time in Studios. My questions are about compression. I currently have a number of compressor plug in's (UAD-1, Waves, Wave Arts and Focusrite D2/D3) which in many cases attempt to imitate a hardware counterpart. Unfortunately, I do not have the hardware versions handy to make the necessary comparisons. From a plug in stand point I have enough compression options to keep me happy for years to come. I also recently purchased 2 EL-8x Distressors (stereo pair) but I have not even wired them up yet. So these questions go out to those people who have had enough experience to hear the difference between software plugin's VS the hardware; 1) Can you hear a noticeable difference, if so please be specific as to what those differences are? 2) Do you see advatages to using one over the other? 3) What is your personal preference and why? I currently have a very solid microphone and pre-amp selection and the next area I am looking at investing in is compression. I just wanted to get some feedback from the group on this one before dropping some more of my hard earned cash! Thanks.