Just for the sake of some perspective... that's pretty much exactly how my guitar sounds through the Badger 18 factory preset (#68). I have v10 and v10 presets loaded. The vast majority of them sound fantastic... and get even better with minor amp style tweaks (in other words, I'm not delving into any advanced parameters).
That's just the nature of the beast. Not all presets are going to sound good on your guitar/pickups. I use very hot passive and active pickups and tickle the reds at about 42%. I know that v10 is fantastic because it takes me no time at all to get amazing, amp realistic tones from scratch... but, again for the sake of perspective, when I dial up that Badger 18 preset it sounds almost identical to the clip you posted and only sounds 'better' when I drop the input trim (in the amp block) by at least half.
I can only assume that my guitar/pickups are simply driving the pre-amp too hard on that particular preset and adjust accordingly. If I use the presets on either side of the Badger 18 one (Brit 800 Mod and Brit Pre... #'s 69 and 67), they absolutely rip with no adjustments and sound as I would expect them to sound. Do yours?
Edit: I don't know why there's a little sun glasses wearing 'smiley' in the post. It's supposed to be a number 8 and a closed bracket.