As a MIDI controller, it is very good for its features but not as tight as say, DP or PT (which don't have nearly as many MIDI features).
Logic has a good entry level selection of plugins and a wide pallet of sounds as standard and composing and arranging within the DAW is by far the best out there though I have not used PT MIDI since 6.9 so can't comment on newer versions.
As a post production tool, it just isn't good enough. PT still has spot mode which is absolutely vital for EDLs.
I'm All Ears.