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If you have a good understanding of signal chains and frequencies the axe fx will do you wonders. If you dont know what your doing you may get fustrated with. Its great for recording and live use. Some people dont think its $2000 better than other affordable effects/processors (the pod hd500 and the boss gt 100 to be exact) but any real professional will tell you there is a noticeable difference in sound and feel.
Great studio tool
99% of the time I use the Axe-FX. Just to put some context on that, I have 11 tube amplifiers in the studio... from a '69 Superlead, CAA-PT-100, a collection of Dr Z and 65 Amps boutique amps, and some Mesa Boogie amps that I've modded myself. The Fractal is just so convenient and convincing.