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Comments
http://www.thefretboard.co.uk/discussion/8843/the-fretboards-very-own-axe-fx-ii-versus-kemper-thread#latest
But you are right it seems mostly pointless.
The optical encoder could well be worth the price of entry alone!
http://wiki.fractalaudio.com/axefx2/index.php?title=Axe-Fx_II_XL
Having said that if you don't need what the XL has buy a used II. Even a used Ultra holds it's value well so you'll be safe for a while!