It's a compressor/waveshaper, and you get to decide how much of each it is! Aside from that it features:
-a 3-band emphasis filter (how about trying to dial in a tape sim??)
-an "analog style" envelope (or at least smoother than the very digital one in jsComp)
-adjustable soft knee
-up to 16x oversampling
-dual mono
-and more (the usual compressor features mostly)
Being that it's still not 100% finished it has a few limitations:
-No GUI (anyone interested in designing one?)
-Bugs? (please report any you may find)
As usual it's pure, hand-coded C++ (no SE, SM etc.).
And if you made it this far, here's the download link
http://electric-snow.net/plugins.html
LATEST UPDATE 2009-07-11:
-x64 build added
UPDATE 2009-07-02:
-Reduced CPU load for oversampling factors >2x
UPDATE 2009-06-26:
-The plugin now is now stereo/dual mono
