Alesis Q20 Rack FX. Opinions Wanted

I have my eye on one of these and I was hoping to get some user feedback before I spend the cash on it. It looks pretty versatile, but I'd like a list of its "50 effects" other than the basics "plus many more!" Specifically I'm interested in the Phaser capabilities.

Feel free to reply at:

rjking@mediaone.net

Thanks!

Rich