I much prefer the waves master bundle. They tend to be higher quality effects, but they have the advantage of also being modular, meaning that if you want to substitute a different effect in your plugin chain in SoundForge or Wavelab. If you want to substitute PSP Vintage Warmer instead of L2, you can. T-Racks is a stand alone program and it is more inconvienet for incorporating into your work-flow.
-=bumpus=-