Mic Preamp with Axe Fx II

Will it hurt the Axe Fx if I run the monitor out from the back of my MBox into the Input 2 (FX return) of the Axe Fx? I'm using the MBox as a mic preamp, and that's the only 1/4" output it has. I was having a hard time getting a signal from the box to the axe fx, I couldn't even get the level meters for input 2 to light up, so I'm guessing maybe the signal wasn't strong enough to trip them? I was doing a live tone match and it came out sounding awful.

I just wanted to be sure that the monitor out of the MBox wouldn't damage the axe fx. I believe that input 2 is set for line level, and I believe the mbox puts out a line level signal.
 
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