Is Reason all that bad for audio recording, editing, and mixing?

I will demo Reason as soon as I am finished some computer changes, but I would like to hear your wisdom on this. I've read a lot of posts on various forums, to the effect that Reason is only slightly better than a garden shovel for doing audio recording. Racks, automation, everyone loves it, but nobody has anything good to say about the audio recording features. Well, what's the word here? Is it not good for much?
Thanks
 
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