@Peter Batah, I don't have any experience with this product, but I did want to offer some comments as you "fill out" your new studio with physical and software products:
In the first few years in which I transitioned from PARIS to Pro Tools, many plug-ins were coming available (PARIS had few if any, but Pro Tools was already huge with many additional options). As I started using PT, I bought quite a few plug-ins that I've underused or not even used at all other than for trying them out. And regarding bundles, I've tried the plug-ins for which I purchased each bundle, but did not even try out the remaining plug-ins in some of those bundles. Also, I learned that most of the plug-ins that came with Pro Tools are pretty good or excellent themselves, and I've heard the same for those coming with the other major DAWs. If I was starting again, I'd first put some effort into using those that came free with whatever DAW I selected and bought. Most of the limitations I've found with these plug-ins were more me initially not really knowing how to get the best from them - the plug-ins work well as I learned more.
Now, in the case of the Waves CLA plug-ins, Chris Lord Alge is a highly respected studio engineer and I expect these plug-ins are excellent. Also, $200 is not a lot to spend for a bundle like this, so it likely a safe and good investment should you decide to get it. I just wanted to share with you that, plug-ins, microphones, and other such apps and devices can be very seductive and a little discipline can give one great results with what they already have and save you money at the same time (to buy toys in other areas, of course

).
So, I'm not recommending getting anything or not getting anything, just sharing some mistakes I've made so you might not make them (and can make other new mistakes instead).