Definitely get the demo to test drive it. I do almost all vocals with a dynamic mic, so the breath control has not had much use for me (I just checked a vocal track quick and even at max sensitivity the breath control caught nothing). TBH, a great deal of this is proper microphone use by the performer. The Pitch Editor module is another unused part of that package, as it is very clunky compared to Melodyne.
On the other end of the spectrum, Nectar 2 unto itself is far more functional than Elements. The modules can be re-ordered to taste, and there is a Harmony module inside Nectar 2 itself that is a rather capable alternative to Melodyne (and easier to use). When opening the UI the first time, click the "Overview" button in the lower left corner and it will display the individual modules for you (you can then drag them around to your liking).