Here is my test. Used the amp factory JCM 800 drive rig disabling noise gate and effects.
1.5.4 -> https://dl.dropbox.com/u/74444515/test%20kpa%201.5.4.wav
1.6.0 -> https://dl.dropbox.com/u/74444515/test%20kpa%201.6.0.wav
I recorded the guitar dry and then reamped using spdif.
I also loaded these files into my DAW and EQed the one from FW1.6. Same impression like Armin's sounds here: +1 dB at 6kHz is enough to make the two sounds identical. In practice this means just touching the Presence control a tiny bit and problem solved.