There's a good argument, I think, for retaining the
layout of emulated gear. For example, I've long thought that a big part of the "magic" of a Pultec isn't just what's under the hood (though that's of course very important), but the way the Pultec's UI design makes you think, and the EQ moves it steers you towards.
However, I think layout is the only significant thing there. If we're having knobs, fine, but for me, I'd be happy if we could lose the weird photo-realism.
This is one of my favourite plug in UI designs. All clarity, all function. Nothing there that doesn't need to be there.