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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.

Digital vs. . . Analog Compressors

With the advent of software compressors, is it still wise to consider using analog compressors? I own a dbx DDP and use it as a analog compressor (going through the AD/DA converters). I have WAVES' Renaissance Compressor and really love it too. My question is, would it be worth purchasing another good compressor reguardless of its circuitry?