I sold my FM3 on reverb and it sold within a half hour of posting.Thanks for the good answers.
Couple of points:
Reselling will be hard for me considering where I live where there arent many guitar players to begin with, and even fewer whod consider a 1000$ device, although the Fractal name might have a stronger pull.
Im actually trying to save floor space as I need it for race sim pedals and/or a subwoofer. On the desk it will take the place of the Mooer and will have a more or less equal footprint, so no worries there.
so what could you expect from a new unit? The only thing that I would like would be a FM 3 with more processing power and the ability to have dual amp sounds. And yes....you could sell AXE FX or FM 3 for a good price on the used market if there would be any new Fractal Audio and until that day you already had a lot of fun with the actual generation of units. A Fractal unit is not a smartphone 
Im sure everybody hates buying a thing then seeing the next gen announced a couple of months later.
Same with meFWIW...that kinda happened with me and the AX8. The thing is, Fractal stuff holds it's value pretty well. I sold my AX8 right when the FM3 was announced as I wanted to get maximum value for it but as is typically with a new Fractal device there were some initial availability issues (that scarcity is part of what keeps prices high). I decided to wait until I could get a B-Stock FM3 and I think it was around a year after selling the AX8 before I actually got an FM3. I happened to look and used AX8's were still selling within $200 of what I sold mine for. Next time I decide to upgrade, I'll just hold onto the FM3 until I'm ready to make the move.
Sold my AX 8 for a good price in May 2019 than expecting the FM 3 a few weeks later in the same year but you all know that it was 2020 when it finally was available but you know what? It was worth every single day of waiting 
Fractal doesn't participate in NAMM so any product announcements don't coincide with that.However, with AF3 being almost 5 years old Im fearing the next gen is around the corner. Should I wait until NAMM? Have there been any news/rumors?
Fractal doesn't participate in NAMM so any product announcements don't coincide with that.
The following is all speculation.
Fractal basically just got the FM9 out this year and they have said to be developing a new cab sim system similar to what you find on Helix 3.5 and Quad Cortex. It won't sound any better than what is available at the moment, will be just more intuitive to use. But that points to continued development on the existing platform rather than replacing it with a new product.
Fractal most likely won't release a new product in the next 2-3 years. Line6, who are a much bigger company backed by Yamaha, have had some of their people state on other forums not to expect a Helix successor for a couple of years at least. Both companies are surely at minimum designing if not developing their next gen products but you should not expect them anytime soon.
I mention Line6 because like Fractal, they are dependent on the available digital signal processors on the market. Fractal uses a mix of Texas Instruments (Axe-Fx 3) and Analog Devices (FM3/9) chips, Line6 uses Analog Devices. The cost, availability and advancements in these determine a lot of what they can use in their next gen units. These processors are sold in 1000+ unit quantities so even if a single processor is not that expensive, imagine the capital investment when you have to buy thousands at once.
The TI chips used by the Axe-Fx 3 are already basically the most powerful thing you can get without increasing the cost per chip exponentially. There are versions that cram more of those together but the cost just skyrockets to levels where it might cost 5-10x more per chip. For Analog Devices stuff the chips used by the FM9 and Quad Cortex are afaik already about as good as it gets.
A lot of companies are going with ARM processors instead as these seem to have better availability than Analog Devices. Strymon moved from Analog Devices to ARM for their V2 series of pedals, Universal Audio UAFX are also powered by ARM. Nobody has cracked open an Eventide H90 yet so not sure what's in there. The pedals using ARM are of course nowhere near as complex as what Fractal, Line6 or NeuralDSP are doing so a lower horsepower ARM is more than good enough but probably not a feasible option for a next gen Fractal.
With supply shortages for components still going on, it's fair to expect that smaller companies like Fractal are reluctant to release a new generation of products. Fractal already had to replace the original FM9 with the FM9 Turbo because they could not get the processors needed and had to upgrade to a more expensive, slightly faster model to be able to actually make and sell them. Which means the FM9 has to be more expensive which then makes it harder for Fractal to compete against other brands.
TL;DR: Just buy a current gen Fractal and enjoy it. It's not going to get replaced soon.
I've been going "this is it, as good as it gets" since the Axe-Fx 2 days and Fractal has always managed to make me eat my words. That said, as it is with FW 21 and FM3 6.0, these things just sound and feel stellar.It also feels like we are in a different era regarding MFX/modelers. There's only so much juice you can squeeze out of an orange and while a next gen FM3 might allow more flexibility in terms of numbers of amps run simultaneously or the ability to run a higher quality reverb or pitch block, in all honesty those are more edge cases which aren't any real impediment in getting absolutely great tones. If we're being 100% honest, there's not much Fractal can do to get closer to real than it is today, every update is pretty subtle. I listen back to stuff I recorded on previous firmwares and it sounds great. Even the stuff I did using the AX8 sounds great. The biggest step forward Fractal can take IMHO is UI. I know, not as sexy as new amps, but overhauling the Cab UI similar to Line 6 and Neural, I'd love to see an "authentic" tab for mod/delay blocks, stuff like that.
Good analysis, thanks! Im most likely getting the FM3 at the end of this month.Fractal doesn't participate in NAMM so any product announcements don't coincide with that.
The following is all speculation.
Fractal basically just got the FM9 out this year and they have said to be developing a new cab sim system similar to what you find on Helix 3.5 and Quad Cortex. It won't sound any better than what is available at the moment, will be just more intuitive to use. But that points to continued development on the existing platform rather than replacing it with a new product.
Fractal most likely won't release a new product in the next 2-3 years. Line6, who are a much bigger company backed by Yamaha, have had some of their people state on other forums not to expect a Helix successor for a couple of years at least. Both companies are surely at minimum designing if not developing their next gen products but you should not expect them anytime soon.
I mention Line6 because like Fractal, they are dependent on the available digital signal processors on the market. Fractal uses a mix of Texas Instruments (Axe-Fx 3) and Analog Devices (FM3/9) chips, Line6 uses Analog Devices. The cost, availability and advancements in these determine a lot of what they can use in their next gen units. These processors are sold in 1000+ unit quantities so even if a single processor is not that expensive, imagine the capital investment when you have to buy thousands at once.
The TI chips used by the Axe-Fx 3 are already basically the most powerful thing you can get without increasing the cost per chip exponentially. There are versions that cram more of those together but the cost just skyrockets to levels where it might cost 5-10x more per chip. For Analog Devices stuff the chips used by the FM9 and Quad Cortex are afaik already about as good as it gets.
A lot of companies are going with ARM processors instead as these seem to have better availability than Analog Devices. Strymon moved from Analog Devices to ARM for their V2 series of pedals, Universal Audio UAFX are also powered by ARM. Nobody has cracked open an Eventide H90 yet so not sure what's in there. The pedals using ARM are of course nowhere near as complex as what Fractal, Line6 or NeuralDSP are doing so a lower horsepower ARM is more than good enough but probably not a feasible option for a next gen Fractal.
With supply shortages for components still going on, it's fair to expect that smaller companies like Fractal are reluctant to release a new generation of products. Fractal already had to replace the original FM9 with the FM9 Turbo because they could not get the processors needed and had to upgrade to a more expensive, slightly faster model to be able to actually make and sell them. Which means the FM9 has to be more expensive which then makes it harder for Fractal to compete against other brands.
TL;DR: Just buy a current gen Fractal and enjoy it. It's not going to get replaced soon.
IMOI think there is room for core modelling improvement ie with amp model / cab interaction - though Fractal has started well down this road with the speaker page, imo it is not yet complete rw modelling which would be to attach a cab IR and have the amp model react accurately and automatically to specific characteristics enbedded into the IR definition (by the IR creator) - no need for end users to choose ICs (on top of the already rabbitholeish IR selection process) unless they want to. I really hope the anticipated Cab changes include something like this - I'll be somewhat dissappoited if it's only an ease of use improvement for existing mechanisms.
Also, for a loonng time, we've consistently underestimated the amount of distance remaining between the state of Fractal modelling and real amps. Since I started with Fractal in 09 (Ultra) we've repeatedly stated "yup - it's 99% there" only to be proven wrong dozens of times as subsequent firmware updates yield obvious significant modelling improvements. This continues today - so our cred on this is pretty low.
I started with Fractal in 09 (Ultra) we've repeatedly stated "yup - it's 99% there" only to be proven wrong dozens of times as subsequent firmware updates yield obvious significant modelling improvements. This continues today - so our cred on this is pretty low.
For me, the last couple of major releases have really moved the bar in terms of what I hear and feel, more than any other prior releases in the Ax3,2 or Ultra I've owned (everything seemed to fall into alignment somehow). Because these most recent changes were not something I expected in terms of sonic/feel improvement, I don't have confidence that there's not more in the tank, but, other than a mini recto, I've never owned a real amp very close to any of the Fractal amp models, so in that respect, I guess I'm not qualified to judge how close the models are to real.Does it? Honestly...and maybe I'm in the minority, but to me it feels many of the updates are very subtle in nature. Fractal is probably the one scenario (well outside profiling/capturing) where there's so many amps that there's a great deal of H2H comparisons which can be made to validate. But really...in a live situation or a recorded track even with the original Axe were people folding their arms and saying "nope, not real"? I think digital has been "there" for a while in terms of generating 100% realistic tones. Fractal obviously takes things to the next level and I never had the FM3 and AX8 side by side to really do a H2H, but the tracks I'm doing now don't sound "realer" than what I did with the AX8. That's not to say I do not appreciate Cliff and crew's dedication to perfection, just that I think Fractal figured out how to sound "real" a long time ago.

Fractal is miles ahead of others when it comes to controlling power amp/cab interaction. But what you're asking for is impossible. There is no "handshake" between a tube amp and cab, you're talking about the interaction electronically between the power amp/and cab, the Axe FX absolutely can emulate that relationship but you would always have to choose it in the real world. In the box...this would be a great thing to include in a new cab UI/engine, but it would never work with 3rd party IRs as there would have to be standardized metadata attached to the file.For me, the last couple of major releases have really moved the bar in terms of what I hear and feel, more than any other prior releases in the Ax3,2 or Ultra I've owned (everything seemed to fall into alignment somehow). Because these most recent changes were not something I expected in terms of sonic/feel improvement, I don't have confidence that there's not more in the tank, but, other than a mini recto, I've never owned a real amp very close to any of the Fractal amp models, so in that respect, I guess I'm not qualified to judge how close the models are to real.
More generally tho, I think there's areas of modelling that are not fully explored yet. Example above: Amp/Cab interaction - A key area Fractal's made inroad's into, but we are not there yet imo, in that the current modelling does not fully model the rl process which does not require any IC consideration at all (I connect my chosen real cab to my chosen real amp model, and the unique handshake is automatically formed without any IC consideration) - and it seems to be a reason some have trouble bonding with SS power amps and prefer tube (LxII) which overrides a big part of the modelling (real tubes added to modelled tubes). Any of those stock ICs make a huge sonic difference to any amp/cab so it's a pivotal part of the picture.
Another area I'd like
to see extended is preamp / power amp separation which is often cited as not currently possible due to an IP exposure issue - so an opportunity to extend thru further innovation / creative solutions.
These examples are not so related to the tonal realism of specific models, but are nonetheless areas of amp modelling that could still be expanded.
Agreed - I would not state otherwise, and have mentioned the same when this topic has popped up elsewhereFractal is miles ahead of others when it comes to controlling power amp/cab interaction
yes - I used the word "handshake" to refer to that electronic interaction. Sorry for the hack term.There is no "handshake" between a tube amp and cab, you're talking about the interaction electronically between the power amp/and cab
but I don't choose an IC irl - I choose a speaker, put it in a cabinet, and connect the cab to a tube amp head at the right load setting and it interacts accordingly. I do not have to figure out or estimate the IC of the cab and set it somewhere (or choose it from a list).the Axe FX absolutely can emulate that relationship but you would always have to choose it in the real world
yes - that's what I hope forIn the box...this would be a great thing to include in a new cab UI/engine
wrt 3rd pty IRs - standardized metadata is what I'm articulating here and in other threads - which is not impossible, just takes some partnership, cooperation, leadership, and effort across multiple parties. I think it would yield a lot of benefits for modelling users (and for IR makers also I guess as they could sell more IRs)but it would never work with 3rd party IRs as there would have to be standardized metadata attached to the file
A "Preamp OFF" button in the amp block is what I (and others) have wished for. reasons:Given Fractal allows you to modify the power amp as you see fit or disable poweramp modeling, unsure what you're looking for.