Hello Paranoid.not the stand alone version, it will not work with gen 1 units for they use a little different file type. the plugin will work with any unit.
this tool looks IMMENSE: you can even convert axe 2 irs into axe 1es.... i have to try it as soon as i get home!!!!!Axeomatic is your friend:
http://archive.axefx.fr/Tools/old/axeomatic.exe
It tells me :"INPUT FILE IS NOT A REGONIZED .WAY FORMAT"Axeomatic is your friend:
http://archive.axefx.fr/Tools/old/axeomatic.exe