I have both a TC Works M300 and a Lexicon MPX110, as well as the Native bundle plug-ins from TC Works.
The 2 hardware units are pretty similar, although the M300 has S/PDIF Ins and Outs, the MPX110 only has outs. This means with the M300 I can use it like I would a normal plugin, and then record the wet sound to my sequencer, saving me processing for other duties...
This is the thing with hard Vs. soft........A hardware processor wont take up precious processing power with hungry reverbs, a plug-in will however, unless it is a dedicated DSP style PCI/Firewire unit.
So a plug-in might well take its reverb from top of the line units costing $16k, but it will eat the shit out of your CPU......
All the hardware budget reverbs you are looking at will sound pretty much the same, I would recommend something like a Powercore with reverb (and you could get virus too!) or if you think you might need dynamics processing too, get the UAD-1
Good luck!
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MYSPACE
G5, Cubase SX, Reason 2.5, Acess Virus RackXL, Yamaha Motif Rack, Yamaha CS-10, Roland D-50, Korg X5D, Korg Electribe ER-1mkII, HALion VST Sampler, MOTU 2408mkIII, Studer 169, Roland JUNO 60
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