Most of the time, Pro Channel is fine, but sometimes it doesn't work. For example, I can put extreme 1176 compression on a voice, see the gain reduction meter moving way left, and I can turn the Output all the way up and down with no audible effect and no effect on the level meter of the track. Sometimes, I can do extreme EQ with no audible effect.
For the record, the tracks in question have nothing in the FX Bin, and I know to put the track into POST when using Pro Channel with Meldodyne. (In one of these cases, I did have EZMix in one FX Bin with the track in POST, but I deleted the effect and still could not hear any Pro Channel effect.)
Bascially, ProChannel seems to work or not work randomly.