Ummm, backwards, i don't get what your saying man, sarcasm? Whatever, it doesn't matter.
VariousArtist, you are right, i forgot to mention the mid-side processing available in Ozone, and to some people that will be a key difference; and if someone knows what they're doing i would say that mid-side processing would be a must have; on the other hand, when i switch-on mid-side processing it completely skews the mix and leaves me bedazzled as to what the hell it's doing or how i might adjust the settings to do anything worthwhile with it, so i never use it. I certainly don't ever remember the most famous hardware bus- compressors ever having mid-side processing. But i would suppose that if a veteran or real-pro got hold of mid-side processing then probably they could work some magic with it.
But really, for 90% of people i would say that Alloy 2's side-chaining is more preferable than having mid-side.
One other thing that hasn't been mentioned is that Alloy 2 has 'Vintage-Bell' filters as an option in the EQ section in addition to the standard Bell EQ in Ozone. Plus Alloy 2 offers the all famous Bandaxall 'Treble or Bass' EQs which Ozone doesn't. Plus the High&Low-pass EQ filters in Alloy 2 offer a 'Sharp' option in addition to the other two options in Ozone, plus Alloy 2 also offers a 'Resonant' option in the High&Low-shelf EQ in addition to the standard fare in Ozone.
Also if you think about it, Alloy two can be used as a totally high-end voice-channel strip in its own right with it's additional De-esser and Transient-shaper when used in combination with the other modules.
And another thing that hasn't been mentioned is that Alloy 2 allows parallel processing (To achieve the famous 'New-York Compression' technique) in the Dynamics section, and it has a separate module-button to access this ability; two separate lots of compression in tandem certainly seem more handier and more practical to me than mid-side processing.
Also, another plus for Alloy 2, the exciter module allows the user to mix&match for any combination of Tube,Tape,Transistor and Retro emulations and blend between them or go exclusive, but Ozone only allows the user to pick one emulation and that's it. But even if the user chooses to pick only one emulation in Alloy 2, they can alter which parts of the harmonics for that emulation are added; Ozone does not allow that, and from experience the ability to do such a thing is priceless compared to the 'single emulation only' Ozone approach, because the perfect harmonic structure can be attained for more suitable results in the final master, and i would go so far as to say that it can actually make-or-break the finished mix.
Alloy 2's benefits.
-Full-blown competent mastering (with identical results to Ozone 5)
-Dedicated High-end vocal-channel
-Professional channel-strip tools for tracking
Ozone 5's benefits.
-Full-blown competent mastering
And Alloy 2 is $49 cheaper than Ozone 5, plus has a 'zero-latency' option.
Now for someone on a budget, knowing what i've just said, what do you think they are more likely to buy?