Congratulations on resurrecting a 7 year old zombie thread...
Well Bill, do what works for you in your market. In my market neither me nor my staff routinely mix The Band We've All Heard Of. Probably the most notable exception was a recent show with Puddle of Mud where I mixed every act on the roster included the headline act. That's a rare exception and not the rule.
I'm glad the Versarray II fits your needs. I need to point out that 12 years ago when we were line array shopping, the Peavey was an early contender until I heard it used with the type of acts that make up 35% of our biz, and that nobody... and I mean nobody... in that genre would accept it. It was also a tough sell to our corporate event clients who are accustomed to Meyer, JBL, l'Acoustic and similar brands; that pushed it off the list of acceptable loudspeakers.
It's all about the business plan and I suggest to everyone starting out or making a big $$ upgrades to put together new biz plan and pro-forma cash flow projection to see if spending a given amount of money makes sense. Some folks under-buy and soon thereafter are spending yet again to purchase what they should have bought in the first place; others over-buy and the debt service or mis-invested capital makes survival difficult or impossible.
Again, I'm happy that you found a niche for the Peavey. It's not bad, but it's not necessarily *right* for a number of users, uses, and local/regional market situations.