released today-
http://www.u-he.com/cms/satin
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u-he has announced 9 September as the release date for its Satin tape effects plug-in for Windows and Mac, with 64-bit support for both platforms.

With its three operation modes, SATIN is an all-rounder: Studio mode is predestined for multichannel tape saturation effects, all optionally controlled from a single instance.
Delay mode offers complex multitap tape delays, and Flange does true through-zero tape flanging (think Small Faces “Itchycoo Park” or Hendrix “Bold as Love”). In all modes, the tape speed is continuously variable from 7.5 to 30 inches per second.
While aiming for a complete simulation of classic tape machines, u-he also decided to include the noise reduction circuits. This is not spurious whimsy: the classic compander models can be used for decoding old tape recordings, or for dynamic processing and colouration effects such as – a known trick amongst seasoned tape-ops – enhancing background vocals and e.g. acoustic guitars.
Since releasing their analogue synth plug-in Diva, u-he have been making a big thing of the accuracy of their models – SATIN is the next member of an ongoing series…

u-he Satin Tape Machine effect plugin. VST, VST3 and AU versions are included, with AAX support for Pro Tools in the pipeline.
Satin features

• Mix-and-match emulation spans all major historical developments in tape technology.
• Multiple instances can be controlled from one panel – ‘glue’ several tracks together.
• High-quality: internal sample rate up to 384kHz, continuous tape speed control.
• All the ‘goodness’ of tape (saturation, transient-smoothing, HF compression etc.).
• Full control over the ‘badness’ (head-bump, wow&flutter, asperity noise, hiss etc.).
• Record / repro EQ standards (separately selectable), classic NR compander standards.
• Extra FX modes: through-zero tape flanging, host-synchronizable 4-tap stereo delay.

Satin will be available to purchase on September 9th, 2013, for a 4-week introductory price of $89 USD (regular $129 USD).
More information: u-he / Satin

Yet another saturation / delay plug in - unless you've been in another galaxy, I can't believe most people won't already have something (or perhaps two plug ins that combine )  that does something very similar to this - I just wonder how many they will ever sell...also its not cheap!!!
Nigel
 

I don't think it's that expensive & I'm sure they'll sell quite a few copies if it delivers or is useful.
Their synths are great & I will definitely check it out although I may not purchase.
 
(BTW Toneboosters' ReelBus is getting revamped too, it will include an 'output level' feature)

I don't know, at full retail US$129 seems a lot to me - especially when reel bus, which I have and use all the time, is only 15 Euro. Or how about some of the bootsie ones which are free!!
I suppose it depends on what it does and what it sounds like - perhaps I'm just getting saturated with saturation plug-ins and am suffering from saturation fatigue..........

It's all relative.
Look at Fab-Filter's Pro-L @ $220.00 retail. That's very steep when there's good & cheaper alternatives for that as well.
 
But after demoing it I bought on sale with only a slight price reduction. The reason I don't mind is because I find it a very useful tool. 
It gets used on all my projects where some of the other ones have been deleted off my computer completely.
 

Bajan Blue
I don't know, at full retail US$129 seems a lot to me - especially when reel bus, which I have and use all the time, is only 15 Euro.

Likewise, there's Magnetic II, which I recently did some serious listening to for the first time.  Really liked what it did in the saturation simulation department.  Will Satin be better?  Probably because it's u-he.  But $129 better?  That would be quite a feat.  The one thing that might make it a worthwhile acquisition is the multiple-instance business.  That's probably going to be the make-or-break factor on the success of Satin.  They're not going to sell many copies because the buyer wants another delay.
 
 

I'm guessing (& hoping) it will be better.
I seem to be the only one that doesn't care for Magnetic I or II
I wouldn't buy it even when it was very inexpensive a few years ago.

I think it is just hilarious that we all spend tons of money for a plugin to put back in what we all went to digital DAWs to avoid in the first place! When we all started out we clamored over the quietest and cleanest sounding DAW we could get for the money and spent wads of cash to get that. Now, we spend wads of cash clamoring for the latest and greatest saturation, noise generating, and dirt sounder we can get our hands on. Maybe I should dig out that 24 track reel to reel machine and get rid of all this digital cleanliness!
JUST A JOKE, FELLOWS! I'm not a troll! LOL!

Sidroe
I think it is just hilarious that we all spend tons of money for a plugin to put back in what we all went to digital DAWs to avoid in the first place! When we all started out we clamored over the quietest and cleanest sounding DAW we could get for the money and spent wads of cash to get that. Now, we spend wads of cash clamoring for the latest and greatest saturation, noise generating, and dirt sounder we can get our hands on. Maybe I should dig out that 24 track reel to reel machine and get rid of all this digital cleanliness!
JUST A JOKE, FELLOWS! I'm not a troll! LOL!

Right after the Alesis ADAT (disclaimer: I owned three of them along with the Alesis X2 console), my son and I both conjectured that one day there will be software to give us the tape sound back. 

Now I have:
 
Magnetic I & II (which I just love on drums)
Kramer Tape
UAD Studer
Harrison MixBus
Slate VTC
and probably a few more that I cannot think of right now....
 
If I stack them all will I be recreating and 3rd generation cassette?