I still frequent the AVID eleven forum occasionally and today I read that in this new device, even though it shares the same list as eleven rack amps and cabinets, the amps are modeled using new algorithms from the ground up, that utilize the quad core processor!
To me this means, if true, that it will be better than the Helix and Fractal AX8's/AXE FX II . Eleven Rack was definitely better than POD HD but as good if not better than the old AXE FX ultra. The reverbs, compressors and Modulation were really good in the Eleven. So it doesn't have 4 signal paths and crazy number of FX loops, but for Real good amp tones, who really needs that.