So... I actually just picked up a TH500 & have been 'A/B-ing' them over the past few weeks (and many others, here, can give their input)- the two amps u are looking at are distinctly different. I also had an LMT 800 for awhile- but was just more wattage than I needed.
The TH500 is quite a bit 'softer' in its attack- as compared to the MB (both the LMII & LMT 800)... so if you are looking for a strong attack- go with the MB! I got the Aggie as a 'back up'... but am also looking at getting an LMII- as a 'second back up'

just so I can have the punch as well!!
While you can adjust the settings on the TH500 to get some punch... just be mindful that it is quite 'thicker' & 'softer' than the MB.