Hey... whatever floats your boat man... if you like it, you like it, right? as simple as that.
i would say it's pretty good from what i have tried with it so far... great cleans and nice effects overall... i have tried to dial in a good crunch, but have not succeeded so far... though never really tried, why dont you make us POD users look like fools and get a good tone out of it?
Could very well be possible.. i have tried amplitube for a year, and i really got some nice tones out of it, and heard even better tones from others... it's possible.