Hereâ€™s what Fabfilter have to say in their own words directly fro their press releaseâ€¦
FabFilter Timeless is not only a perfectly modelled classic tape delay, it is capable of much more. With its unique high-quality filters and many creative options, Timeless can create delay, echo, chorus, flanger, phaser, scratching, and numerous other effects.
FabFilter Timeless contains two separate L and R delay lines which can be panned individually. Each delay line can be synchronized to the host tempo with fully adjustable offset. A tap feature is provided, and the L/R delay times can be synchronized.
In Tape mode, the delay lines function as a classic tape delay. Changing the delay time will change the pitch of the signal accordingly, enabling you to create scratch-like effects because the delay line responds very smoothly to knob movements. In Stretch mode, the music slows down or speeds up while keeping the pitch the same.
The signal from the delay lines is fed to two high-quality multimode filters that are based on FabFilter's unique digital filter technology. Each filter has six different filter characteristics, ranging from smooth with moderate overdrive to extremely raw and self-oscillating. Low-pass, high-pass, band-pass responses and 12/24/48 dB/octave slopes are available, and each filter can be panned to create stereo effects without phase problems. From the filters, the signal is taken back to the delays and can be adjusted per audio channel with the feedback and cross-feedback knobs. Per-channel phase inversion makes it easy to create flanger and phasing effects.
The 24 modulation slots in FabFilter Timeless provide very flexible modulation possibilities. Setting up modulation connections has never been easier: just drag a modulation source to any knob that can be modulated to fill a modulation slot. Modulation slots can be inverted and bypassed, and it's also possible to modulate the level knobs of other slots. Almost all parameters can be modulated.
Adding modulation is easy with the 24-slot drag-and-drop modulation matrix. To fill a modulation slot, simply drag the source button for a modulation source to the knob that you want to modulate! You can create incredibly complex sounds with ease by letting modulation slots modulate each other.
Modulation sources include two LFOs, an Audio/MIDI-triggered envelope generator, and velocity, aftertouch, keyboard track, pitch bend, and mod wheel sources. Each LFO has triangle, square, sine, random triangle, and sample-and-hold wave forms, tempo sync in either straight, triplets or dotted mode, note-on sync, and a wave balance setting. All EG parameters and the LFO frequencies can be modulated.
Other FabFilter Timeless features: perfectly fine-tuned knobs that work both in vertical and circular drag modes, interactive MIDI Learn, Smart Parameter Interpolation for smooth parameter transitions, over 200 presets, unique per-component presets, extensive help file with interactive help hints, sample accurate automation for all parameters, and more.
FabFilter Simplon contains two independent high-quality multimode filters, based on FabFilter's unique digital filter technology. Each filter has three different filter characteristics, from smooth and gentle to raw and self-oscillating. Low-pass, high-pass, band-pass responses and 12/24/48 dB/octave slopes are available. The filters can operate in serial or parallel modes.
A simpler version of our existing product FabFilter Volcano, FabFilter Simplon is designed to be CPU-friendly, easy to use, and especially useful for live performances with its large interactive filter display and big buttons.
Like FabFilter Timeless, FabFilter Simplon also has perfectly fine-tuned knobs that work both in vertical and circular drag modes, interactive MIDI Learn, Smart Parameter Interpolation for smooth parameter transitions, extensive help file with interactive help hints, and sample accurate automation for all parameters.
System requirements for FabFilter Timeless and FabFilter Simplon are either Windows XP, 2000, 98, Me, or 2003, SSE-capable processor, and a VST 2 host, or Mac OS X 10.3 (Panther) or higher, G4/G5 or Intel processor, and an Audio Units or VST 2 host.
Pricing and Availability:
FabFilter Timeless and FabFilter Simplon are now available online as VST plug-in for Windows, and as Audio Units and VST plug-in for Mac OS X.
FabFilter Timeless costs $129 USD or just $79 USD as an upgrade if you already own a FabFilter product.
FabFilter Simplon costs $79 USD or $49 USD for existing customers.
Bundles with FabFilter Timeless and FabFilter Simplon are also available.