No need for all that... I have this effect... it's the Korg Kaoss Pad (KP-1, for all you Model Number Heads). Great EfX, and it's economical to use (I paid $249.00 for it at the local Guitar Center). It's great for looping (it has a 5 second sampler, that is great for looping live). It has some decent delay effects, and filters. I use it a lot in my "Dj" setup, and is very versatile.