Effects include: Halls, room, plates, chorus, flange, delay, and lezlie. Alesis had it under glass, so I couldn't hear it. Not sure when it will be released either, sorry. All I can say is that this is the smallest fx processor I've ever seen! Would be nice for gigging, definitely easy to toss this into a gig bag (or even pocket). As a side note, the Sonic State crew (myself, Andy, Dave, and Nick) had the pleasure of meeting Mike Peake, who works at Alesis and is a frequent poster here at Sonic State. Mike is involved with the development of synths at Alesis, not the FX boxes, as he made clear on several occasions. Keep up the great work, Mike!
Nick, Mike Peake and Albert (left to right)
Albert Alesis products at audioMIDI
8 VHD mic preamps, 500 series rack space, plus a bus compressor