Hi
@Boydie, I've been through a lot of Line 6 gear and usually stayed away from the mic/cab sections. For recording I'm using Bias FX and it's good, but I just felt it could be better so I loaded some different IRs and they were pretty good. Although, I think they are the emperors new clothes given we could always change mic and cab configs.
I guess it's just loading a patch for the amp/fx setup and another for the mic/cab setup to reflect your guitar and required sound.
I use a Boss Katana 100 for actual playing (can't call it live!) and I'm tempted to just get the sound I like from that and then set up 2 tracks to take a DI into one and a mic into the other and blend the 2.