After 7 years of Struggling with Fizz from AMP Models
This is the Fix - don't use the parametric EQ after the amp, it does not fix the Fizz effectively to leave you with a good sound
Do:
1. Set the amp tone knobs to midway - 50% to start. The presets are many times way extreme
2. Set the Microphone to Condenser - it is flatter and doesn't boost the cap out of 5k and leaves the highs alone. The SM57 sim is the problem. it boosts the crap out if 5k and you cannot eq it out with the onboard tools.
3. Once you do that now it may sound a little dull or even a lot dull/mush - you can use the amp tone knobs to add back some treble and presence. This works.
That is it.
Line 6 has to know this is the problem, I am guessing that they don't want people to know because then people won't upgrade to the HD models or Helix