Waves has proved that it has what it takes to produce high-quality guitar amp and effect emulations with its GTR (Guitar Tool Rack) software package. Now it's taking the same technology and putting it into a 'personal guitar processor' known as the iGTR.
Similar in concept to Line 6's Pocket Pod, iGTR includes three virtual amps (Warm, Normal and Bright) with dial-adjustable drive. There are variable-speed modulation effects (phaser, tremolo and wah) and ambience effects (reverb, chorus and delay).
Connections on the iGTR include a ¼-inch guitar input, a mini stereo auxiliary input (perfect for plugging in your iPod and jamming along), and two mini headphone outputs.
Power can be supplied using four AAA batteries or a 6-12V DC adapter (not supplied).
iGTR will ship in January 2008 at a price of just $100. You can find out more about the technology that powers it on the Waves website.