Well I guess there is a need if you don't want to use a computer to control it.
In addition to the Behringer, I would check out Yamaha MG166CX or MG124CX. I have had the 8 channel version for several years, and it has never been turned off. It has effects, compression 3 band e.q. for each channel--all the goodies. And either is well in your budget.