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Hardware vs. Software

Hi. I'm near completion of remodeling my basement studio and my mindset is turning more towards what kind of gear I want to end up with at this point rather than what drapes to pick out. I've already had Auralex do the room analysis thing and the treatment will be in soon. I will have a Tascam DM-4800 as the front end of my DAW running Cubase SX3.

Compressors : Software vs. . Hardware

So I have the Avalon 737 and I've discovered that the compressor is a little weak. I currently use the UAD powered plugins (an LA-2A on every track) and the TC Powercore. They both have some pretty amazing plugins. But I'm wondering is there really a major difference between the hard and software ? UAD has the 1176 the Fairchild and tons on other classic gear.