I don't think so....Rather the opposite...I even ask myself if profiles sellers won't only provide us one rig per amp in the future ?!
It should be possible and should be done like this. They won't have to spend time to set and profile every/many amp's tone possibilties cause LP will do it....They will just have to afford us a good profile with gain information and we will have the possibility to set how we want our rigs....
I agree to an extent - but I think in reality it will not turn out that way over the long run.
If Liquid Profiles fully do what they are intended to do, then we might only need one amp profile. But that might shift the focus to cabs and mics and mic placements.
And I guess if the person doing the profiles don't just "blindly" vary the mic placements, then the optimum sound may require some tweaking on the amp controls for each given mic/cab/placement choice.
It will be interesting to see which business the different profile sellers move into.
Even so, liquid profiling I guess wouldn't work with pedals in front of the amp, so there is still that factor to consider.