Craig,
The almost real time processing with UAD plugs is amazing... the delay it is so slight that mere mortals can't tell the difference (me included). Great for guitar work processed with the amp sims.... sounds good too. So good that you will be tempted to lay down your tracks with the UAD amp sims directly into SONAR. The AMPEG ams sound GREAT with BASS.
I still split my guitar signals with a DI and record the DI along with the processed sounds just in case though.
Jim