If you have Ableton Suite. You have the Amp and Cabinet Audio Effects.
With initial use, it’s easy to notice the sonic difference between the Amp and Cabinet effects to more commercial plugins like Guitar Rig.
Like most things in Live. Things don’t work just by themselves you need to combine them to create a greater result.
Check out Joshua Casper‘s article on Setting Up Amps & Cabinets for Guitars and you can download a free Guitar FX Rack.
Joshua is showing how to apply guitar processing when using virtual or sampled guitars but this can be applied to recorded guitars as well.
Joshua Casper is a very talented individual. Besides making great music he also has an awesome website.
You can find there everything from tutorials, templates, free racks, synthesis, and even After Effects(!).
Joshuacasper.com offers over 100 free Ableton goodies for you to download for free.
thx !!!!!!!