My Kjaerhus Golden Compressor has this analog deficiency knob that adds that element of analog imperfection. Once I started using it and cranking it up to about 80%, I started hearing the kinds of compression I was after. I dinked with this control before but never really cranked it up. Without using it, the compressor is nothing special, once you crank this control way up, it adds that missing analog looseness that none of the "analog" modeled plug in compressors seem to really get. And Sonic, your right about the horsepower aspect of plugins. I learned that about a year ago. Being a newby in 2000 at this, I was going crazy trying to achieve that professional sound which those "analog" modeled plugs couldn't provide. Only I didn't realize it at the time. A lot of plugins are mathamatically clinical in their response AND do not possess the horsepower to effect deep changes. Nor do they always impart a color. All these elements are crucial to, at least to the older recordings, to achieve similar results.
For a home recor in a spare bedroom, having to much outboard gear kinda defeats the purpose of trying to achieving studio results. Keep the rig simple and as much in the box as possible for minimum footprint and max flexibility. Software plugs-ins should simulate their analog counterpart to every detail and not just graphic. This has been one of the great deceptions of the software plugin. For people like myself who have never worked with real studio gear I had no basis of comparison. When you buy a plug expecting it to simulate its analog brethren but don't realize it really can't, it fustrates the sh*t out of you when you wonder why you aren't getting a more commercial sound. The Kjaerhus is the first software plug in I've owned that appears to approach the way a real hardware compressor responds. Are there any others?