Well it looks like the results at this point are fairly one sided, so I'll do the reveal.
First, I think we can all agree that both clips were incredibly similar. To be fair, I think the first clip was very slightly louder than the second, which could be why a lot of people picked it. But who knows? Both could be superior to the other depending on which mix they were placed in. I know a few of you commented that the first one sounded "full bodied" while the second had more "cut". I would agree with this notion. I really wish I could have posted a clip with both compressors off to illustrate just how good they both sound. If you download the patch, you will see what I mean if you bypass the compressor. I'm sure not everyone will agree, but I feel like the tone is definitely better with the compressor on.
I'm really not surprised that I got them to sound similar, because (from what I can tell) they are both just very well engineered studio compressors. The Axe-fx does have a few extra bells and whistles, but at their core, I think they are really quite similar in how they work.
Anyway, the first clip, which most of you chose, was the Axe-fx compressor.
Allow me to post the compressor settings and explain a few things about how I got there.
Type: studio
Auto: off
Mix: 75%
Thresh: 52.2 db
Ratio: 4.0
Att: 7.17
Rel: 201
Knee: soft
Makeup: on
Detect: rms + peak
filter: 147.2
-First of all, the mix knob was set precisely where my Empress usually sits. Both devices have this (awesome) feature. Play with the mix all you want. I find that you gain more dynamics if you roll it off. Compressors have been known to kill your touch sensitivity, but this control can remedy that to an extent.
-You may need to play with the threshold depending on your guitar. My pickups are somewhat hot so keep that in mind. The gain meter on my Empress peaked out somewhere between 20-23 db on strums. I dialed in the Axe-fx for the same.
-I had to dial in the attack and release by ear. The Empress does not have precise markings for the tolerances so I just made guesses and dialed them in a bit till it sounded right.
-I did not mess with the knee or makeup gain. They sounded about right at stock settings anyway.
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Perhaps most important of all. The filter control is the key to getting the axe-fx to sound more like the Empress. If you dial this up to around 190 hz or so, it will cut some of that bottom end out and give you the throaty sound that the Empress has in the clip. This might be the most overlooked compressor control.
It's up on the exchange now:
Axe-Change - Download Preset - Empress Compressor - by ac_slater
I think I'm most proud of the fact that you can adjust this one (pretty much) like you can the real empress. If you read the Empress manual it becomes clear how to use the controls properly.