I have Mixbus 4 (not 32C), and it does not come loaded with effects. You have to buy them.
I don't use softsynths much...EZkeys and EZdrummer 2...that's about it.
It works well for projects, but I prefer Sonar so I use Mixbus to mix...often I prefer my Sonar mixes, but it's nice to have it in the toolbox.