FWIW...my two cents:
Using two instances of Axe-Edit, I'm recreating all of my Ultra patches in anticipation of the II, and it
IS that bad. In fact, it is a major pain in the ass that is consuming a tremendous amount of time. Just setting up the grids and routing, setting each block to the proper type, setting delay times, feedback amounts, chorus/phase/flange parameters, reverb parameters, null filters for boost, effects mix levels, cc assignments, pitch shifter parameters, ad infinitum, is taking a very long time. Although copying these parameter values should get them in the ballpark, many will have to be fine tuned. The amp, drive, cab, and eq blocks will have to be built from scratch. I have to sift through all of the new IRs to replace the ones I use in the Ultra that are not included in the II, or capture them from the Ultra.
The "It really is quick to set up a great tone on the II" talk just isn't proving true for me. It goes far beyond setting up a great raw tone. I have a huge number of presets, each recreating the tone and effects of specific songs, using lots of effects and cc control. This is a freaking nightmare. I'm saving the new presets to a bank file that I'm not even sure will load once I get the II. From start to finish, the conversion is going to be a
HUGE task. I understand why a protocol translator is not being developed, and I'm not asking for one. I know that I'm putting this work on myself rather than just use a few go-to presets for all of the songs. I just hate to suffer without everyone else knowing about it.