Alright, gotta put my two cents in here...
Like these guys that got the PODs for recording, I did the same. I used it direct for a long time, until I got my blues jr. a while back. Gotta say, it's a night and day difference actually playing it through an amp (particularly a tube amp). Playing it through an amp, even for recording, it gives me more variety and actually doesn't sound half bad after a bit of tweaking.
Now, with that said... Before I bought the PODs (yeah, had to get the bass one too, before they came out with the software upgrades you could buy to give you the bass modelling in the regular POD... still pissed about that one.), I played through
the Vetta II and
the Flextone 3 to see if it would be worth buying. Needless to say, I ended up with the PODs for a reason. But, that was only my experience and a wasted afternoon jacking around with those amps at guitar center.
So to sum it all up, I agree with notCardio on this one. In my opinion, it really depends on what you want to use it for.