I don't think anyone's posted it here just yet, but looks very interesting to me and has certainly piqued the interest of Chris Broderick and Kev @ ownhammer. Squeezing a 500ms IR into a no latency setup sounds good to me.
http://forum.fractalaudio.com/axe-fx-ii-discussion/75794-something-cool-ive-been-working.html
http://forum.fractalaudio.com/axe-fx-ii-discussion/75794-something-cool-ive-been-working.html