To be honest, today's plugin is not totally free (or just for a while): Waves GTR Solo is a collection of guitar amp simulations and effects (that of course is useful for bassists as well). Normally, GTR Solo is about €150, but for now, you can get a free license for one year from Waves. They probably hope you'll like it so much that you'll buy it after using it for one year. Until then, it's a great opportunity to test the plugin extensively and use it for your own productions.
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