http://www.interruptor.ch/vst_donationware.shtml
I have only had time to play with this for a hour or so, but it seems to sound and perform really well. It's 32bit, but plays nice with Sonar. It also has a nice little manual.

Clint,
Very nice delay. Has some great features fine tuning the thing. Just shows again that free stuff is getting better and better. Thanks for this tip.
John

Clint,
 
Bumpin this one again for you bro.
 
Very powerful delay vst and significant upgrade to their previous version, which was cool but nothing to write home about. Has a lot of features currently missing I'd like in the modulation realm, however about as good as a freeware unit gets. Really like the programmable degradation of the signal and the global resonance/Q controls. Lot of up front character and sparred with my Rob Papen delay.
 
Appreciate the heads up. This is a keeper.
 
John

Yeah, It's a nice delay. I think the "32bit" just turns people off, but it works fine in Sonar. It's got a pretty nice reverb unit in it too.