The thing about the Project Pack is that it includes Basic version of the plugs.
The reverb is usable.
Analog Channel LE doesn't have AC1 which is my most used McDSP plug.
Filter Bank LE doesn't include E6 which is my most used EQ.
Compressorbank LE only has CB4.
If you're only getting the Project Pack for the convolution reverb, maybe go for Altiverb instead. Or the Music Production Toolkit which has TL Space, plus ups PTLE to 48 tracks, multi-track Beat Detective, etc.