What a unique effect! For years I have played with all kind of toys (hardware and software) related to guitar and never find such a playable effect, I can easily put it on everything and abuse the virtual pedal on some drum loops or synths. I can set the trigger to suit any kind of input so I can decide whether applying a light touch of bending is useful or not or make it trigger on every hit.
Doing some precise slide and bends with a Whammy pedal is almost impossible, especially if you like to trigger bends quickly on almost every note you play. This virtual pedal solves this.
While the slide or bend happens, especially if the bend is quick, sometimes it reminds me of a wahwah effect but at the same time it sounds totally different. The fact that it can also be triggered by external signals like MIDI is a genius idea. I can find those tasty vintage pitch-shifter feedback effects or, thanks to the direct mix feature, create some syrupy chorus and watery flanging (the modulation by itself is unusual in a good way as the flanging only goes up or down) The effect got a large palette of sounds, it can be very subtle or scream by itself when set to self-oscillate. The analog feel and drive of this VST is incredible, I can see me using it just to spice up some parts. For me it is a must-have for any guitarist or bassist who like to expand their sound palette but it is also surprisingly useful on drums, vocals, synths and even full stems. I have tested the MIDI out feature (the envelope is sent as a MIDI Control Change message) and I found it very useful to control other VST parameters in sync with the Elastic Bender. EDIT: I recently have a chance to play with an early Publison pitch shifter and I was socked at how much I could get similar pitch shifting color out of the Aly James Elastic Bender, I think it should also be very similar to old Eventide stuff like H910! I still love and use this effect.