I appreciate your feedback Jermaine.
Last night I downloaded the Waves SSL and API demos. I compared the EQs in both and MUCH preferred the API for my music, and I found that it does do something special that my existing plugins don't quite do. I also compared the IK British compressor to the Waves SSL compress and they were VERY close to my ears (and both sounded great). I couldn't get the sounds I wanted from the API compressor, but clearly I just need to learn how to use this properly.
I bought the API. :)
I get to record my son's band in my studio next week, and I've sort of used that as an excuse to stock up on some new toys. I really want to do a great job for these talented kids. They have a sax and a female singer, which will be new to me. It certainly won't be the room, the plugs, or the equipment if they don't sound good!