Chris Randall from Audio Damage has posted information about Vapor, the third and final plug-in in their Series Of Three Mod Effects For $29.00.
It has delay modulation, like a chorus, but it has diffusors, like a reverb. More or less. This is a semi-unstable network, and at extreme settings can make Intergalactic Robot Noises; it can also give a nice sheen to most any sound at more temperate settings, or knock the corners off pretty much anything.
Check the post at Analog Industries for more information and some audio samples.