Not from what I've seen. The Stage is $2245 CDN. The Axe-FX III is that amount in US money (so about 25% higher), and that's only because it's $200 off right now.Pretty much the same price as the Axe-Fx III (at least when it goes on sale)
Did you possibly mean the still-unreleased FM3? From what I've read, that will probably come in at less than this unit - but it is a stripped down III, this unit isn't a stripped down anything.