Thanks to everyone for sharing your go tos. I'm definitely going to check out Valhalla's offerings.
Several of you mentioned the Lexicon PCM Native, and as I looked around on the interwebs, it seemed that many out there think it's one of the best. "Sounds just like the hardware", which is a good thing - especially since it's the hardware I'd be looking at if I weren't in "sub-$1k" land.
The most common complaint was the price. This package used to be priced pretty high, even the ~$600 street price is more than I would want to spend - too close to to $1k.
It seems that Sweetwater has the PCM Reverb Bundle for $299 this month, which is still high for one plug, but comparable to the waves stuff when they're not on sale. Still, its comfortably sub $1k.
I'm thinking about pulling the trigger on the Lexicon, will I need an iLok? I've heard bad things about iLok over the years, have they worked things out?