Wow, Thanks for the replies, Looks like the EV's are Great, I love the idea of the Sony Home theater amp as I have an Onkyo TX-SR706 7.1 Channel Home Theater Receiver... Yet great for home but won't be lugging it out for a gig...... I'm grateful for all the different responses and makes the choice even more difficult on a well, tight budget. I was looking for something under $500 for home and gig, club use..... Hopefully I can narrow it down to something... Thanks again all...!!

Check out the LD eb122a...I got one here (Scotland) for £250 as LD released a new line up but this baby is awesome and should be under 500usd if you can find one.

For home use, I use either of the following:

KRK Rokit 5 powered monitors
Alesis M1 Active powered monitors

They both work well.

You can do the same thing with a Flextone III

That's not a bad idea, as you would essentially have both styles of modelers and all their effects if you rigged it right (in the loop?) with some footpedals.

I guess I'm missing something here? I thought the Line 6 FlexTone III, would color the Eleven rack? If not, then how would the one do this? Thanks

Maybe I was thinking like the Eleven Rack, you could bypass the amp. Been a while since I had a Flextone, but seems like the software updated to allow you to do all kinds of stuff so you could use something pre or post. I wouldn't buy one just to find out though lol.

Might have worked, yet on my Flextone 3 I have no effects loop or line outs except a Pod Style out,guitar in and cd/mp3 in.

I've been looking at the Alesis M1 Active MkII studio monitors and the M-Audio CX8, @$300.00 for the pair just to get me up and going. Any thoughts on either of these, experience? Thanks. Then down the road check out the Mackie Thump TH-15A?
Thanks again... Oh, one other thing do I have to purchase an M-Box for the eleven Rack or does one come with it, say if I wanted to set it up to record different instruments, vocals?
Just so new to all this and I trust all you guys w/ your experience on this rack and Pro tools that comes with it.. Thanks

Really? Must be an oddball Flextone. Even my old Flextone 2 has an fx loop (but it's TRS, not individual left\right). And from what I recall, the Flew 1 had a loop to.

The Flex works great via the eff. ret.
Remember you have to put a plug into the input.