$140 is kind of steep for a delay in the first place.
Steep for me, too.
But consider that the popular SoundToys' Echo Boy has long been considered the "ultimate delay" and it sells for even more AND requires a dongle.
I demoed Timeless 2 and didn't buy it, not just because of the price but mainly because it seemed overly complicated. I'm more drawn to delays such as Audio Damage's Ricochet, which has a plain 'n simple interface and costs $49. But then I'm not much into sound-mangling.
I also looked at FXpansion's Bloom when it came out. Same deal, I think, as Timeless 2: very flexible, great for serious mangling, but too complicated when all you want is a simple echo.
You know what would be great? I'll tell you what would be great: somebody at Cakewalk would rescue the Sonitus Delay from 1999, fix the tempo-sync bugs, make a mono version and add modulation. I'd give 'em fifty bucks for that.