Smy, that's all well and good, but from a listener's perspective, he sounds like he's going beyond his abilities on a lot of the parts in the clip. The drums are distracting because they don't sound like he's playing in very tight timing. He may well be, and that's fine, but whatever he's doing, it sounds like a mess.
For bass on that clip I just used my Hellraiser C7 (also for distorted guitars) through a Digitech Whammy set to 1 octave down. It's ghetto, but it works and I'd rather do that than program bass in Reason. Guitars are all HellRaiser C7 into Ibanez TS-9 TubeScreamer and into a PODxt Live using the MS-Criminal (5150II) amp model. Two cab models used, both with SM57 on axis with 16% room, one cab panned 100% left and right is the 4x12 v30's, and the other cab is panned 70% left/right and it's the 4x12 TreadPlate. The Treadplate is placed a little lower in the mix, about 4db or so lower than the V30 cab. Only eq'ing done after recording, on the guitars, was a bass roll-off at 80Hz, besides that, that's the sound straight from the POD.
~006