I own Pod Farm 2.5 standard standalone version as a plugin for my DAW. If I purchase the HD500 will I be able to load amps/presets back & forth between them?
No, unfortunately not: http://uk.line6.com/support/docs/DOC-2047
You won't be the first person on here to be crossing their fingers for a Pod Farm HD, though.
The algorithms are totally different.
But you can capture a dry and add PF2 plugin.
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