Well, the reason I never got one is, er, because I've got a Vox Tonelab LE that does the jobs I need for a whole bunch cheaper...
I only use it in my "studio". Sometimes for practicing, or having a noodle, mainly for recording.
In the living room I use a valve amp (Laney Cub 12) or, if I have to be quiet, I have a POD 2.0 with headphones down behind the sofa. I loathe the POD 2.0 for recording.
I also have a POD XTlive in the studio. It's ok for what I think of as "metal" sounds. But I don't use those sounds. So my POD XTlive is basically set up as a Bass POD XT, and I use it exclusively for bass nowadays.
Sometimes, I try recording with the Laney, but although it "feels" nicer to play, the recorded tracks aren't "better" than the Tonelab's efforts, and they cost a lot more in fiddling around and potential neighbour-worrying...
I have had the Tonelab long enough now that I just treat it like an amplifier. Just like an amp, I know its restrictions and limitations. It even "feels like an amp" when I'm trying to capture a part. I have a bunch of patches that either work, work with a slight tweak, or "don't work, on to the next patch".
So... an AxeFX doesn't really fit into all of that! :lol:
Originally it was money. If they'd been about £3-400 I'd have taken a punt. But they weren't. Now, if they were £3-400 I still wouldn't look at one... my kit does what I ask of it.