IR question with exchanges presets

Shredology

Experienced
As I am waiting on my coupon, I have been reading a downloaded copy of the manual and trying to be ready to rock immediately when the Axe arrives. My question is if I try to use someone's preset from the exchange that was created with an aftermarket IR from Ownhammer or Redwirz and I don't have these IRs, what will the Axe do with that preset?
 
If it was created in user slot 7 it will look for a cab there, not find any and the universe will implode...

Either that or it will use whatever is in slot 7 - if you don't have a cab there it won't load any.
 
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