Really – this is a totally different product. It is born with stagerack and twice!! as many outputs all with GEQ. It sounds ten times better (no I do not work for A&H) and has got 8 FX´s. No matter how you calculate you just get more – a lot more.
I my self and 4-5 others have done serious work on my IDR48 and T-112. Biggest issue so far is that I keep forgetting to bring lid lights. That´s it. We all really like it.
My most regular band has gone from disliking in-ear to loving it just by changing the mixer from M7CL to ILive.
Dont take my word for it. Get a LS9 and an ILive, put them next to each other and listen.