This is what I need and these are my preferences. Based on these, wouldnt a 300 be just fine? Need to go into the board with XLR Need a compact, floor-based modeler with effects Probably only need 4-5 solid settings. I know me. Ive had all the bells & whistles stuff and I just dont care to spend time trying to figure out everything the stuff does. Easier to dial in the better Mostly for church music; P&W I dont do a lot of recording/computer work, just playing. Need to run it through studio monitors for bedroom practice I dont mind getting the 500 and nothing against it, but the 300 seems to suit my needs or am I missing something?