Advanced signal processing, such as multi-channel digital back propagation and mid span optical phase conjugation, can compensate for inter channel nonlinear effects in point to point links. However, once such are effects are compensated, the interaction between the signal and noise fields becomes dominant. We will show that this interaction has a direct impact on the signal to noise ratio improvement, observing that ideal optical phase conjugation offers 1.5 dB more performance benefit than DSP based compensation.