Well I hate to say it but although GR5 is indeed capable of getting much closer to that true tube distortion sound than my experiences with GR4 (Sonar version) it was a real pain to get it to that point. Like lots of trial and error/tweaking/using Scott Garrigus' guide on using amp sims (check out his article on SOS if you have not already). I mostly use TH2 now (upgraded to the full version) because it really does sound a lot more realistic in this regard. They haven't really managed to get sims to the point where they can emulate feedback. I'm not sure why because they can get so much accuracy in other areas of guitar/amp tones.
Normally I'd say just use TH2 if that's what you are looking for but people that like GR really like GR and version 5 is a stellar program with tons of options (more than TH2 actually) so I try not to dissuade people from it (it has gotten me in poop before).
I personally use it for bass now because I like the GR bass modelling better than TH2s which is limited and not to my tastes but I hope to correct that by getting Overloud MarkII if I can ever afford it. But I can still see plenty of use for GR5 because it has some sounds and capabilities that TH2 doesn't. I just don't see much need to fire it up if I'm trying to get a more traditional amp sound for blues, rock, metal, etc. More novelty setting really.
I posted a thread a while back about how I figured an ultra easy set up for an SRV type tone in TH2. I think it can be achieved with TH2 producer. I'll see if I can dig it up.