Possibly so. Although it is inevitable that Kemper must do this, or the competition will .... and when they do, they will capture the market before Kemper can respond with a product offering of their own.
At that point, Kemper will simply be FORCED into lowering the price on the stage to compete with what is out in the market .... or see sales slump quickly.
From here: https://www.fractalaudio.com/fm3/
Note, that if Fractal could actually release the thing in volume, they would have a winner on their hands. I would argue that they have crippled the stage interface so severely that it isn't practical for gigging, but it is still a modern AxeFX III at less than 1K .... albeit with a crippled user interface.
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IMO they fucked up twice
First the Ax8 had a terrible interface, garbage screen and they skimped out on dual amps/tone match block and other things.
FM3....3 footswitches ....I actually preferred the Ax8 just for the extra footswitches!!
And make the patches compatible ffs ...drop out blocks if they can't handle the CPU but it seems like such a shoot yourself in the foot situation.
Line 6/Neural got this right (even though I'm not sure about the rotary footswitches yet hahah)
Only thing that pisses me off is the loading of 1000 IR's on the QC...and some certain IR vendors have been exposed that they don't even know whats going on when it comes to shooting IR's
I know some in the fractal just sound hideous and could be pulled out ......anything muddy or honky or comb filter like just get it out of the unit.
They would be much better getting the MBritts of the world and pro players in a room and paying them to cut down the bulk.