yup, it doesnt....
but it sure sounds a hell of a lot better than it used to!
Jaz : As I read from the old boards archive arguru once had a plan to develope an additional 'hi-quality' flanger effect!
consider putting this one into your todo list.
Btw : A good flanger doesnt have to be a cpu hog.
Just look @ buzz`s FSM Phatman
Uses a little (like 40%) more resources than the psycle`s one but sounds a lot better...