IMO, absolutely - if you don't mind iLok and the fact that it's actually a separate plugin for each algorithm. I'm an algorithmic reverb nut and more than anything else I've used the PCM 'verbs "just work". The presets are also great (there are typically 5 versions of each preset - a main one, then light, dark, bandpass, and notch-filtered). In particular having a bandpass each for early/late reflections makes it simple to scuplt the right tone. To get the best of the PCM you'll need to RTFM - understanding the "Shape" and "Spread" parameters is key.
The PCM 'verbs can do everything from transparent small spaces up to huge ambient washes. They're not as pristine as, say Exponential Audio Phoenix/Nimbus or Relab VSR24 (influenced by the TC classics) or as enormous as 2C Audio's Aether/B2, but they are CPU-efficient and reference an iconic sound that's been all over music since the '70s.
It's also worth checking out Exponential Audio's R4, made by Michael Carnes who developed the PCM reverbs. It's in the same quadrant of the galaxy (high-quality modulated 'verbs) with a little more control over modulation, early reflections and attack; plus gate, ducking, distortion, and bit reduction.
Hey are you on TalkBass? Screen name sounds familiar.