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Plug In Compressors vs Hardware Compressors

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.