I still have a receiver with PLII. I use it to run my height speakers. (in direct mode, not PLII)
Would be interesting to try it again, but moving equipment and re routing cables doesn't appeal to me, only to change it back.
Still I may try the PLII again at some point.
A PLII VST could be nice to have, if such an animal exists, since I mainly listen from the pc anyway.
I agree with
@Owen Smith the Dolby Surround on my main AVR doesn't appeal at all, at least to me. I think the DTS Neural upmixing sounds better than the Dolby.