Well it really depends on how you work. Strictly you should be recording all your tracks dry (for later processing). Onboard effects as a rule dont tend to be used in actual recordings....particularly onboard reverbs and delays. The TI and Fantom X have useable effects (chorus and phaser) but id definitely look elsewhere for refined delays/reverbs.
If I were you id look into a Lexicon MPX550 for reverb and delay duties (the best in their class for the money) and then perhaps use the TI's distortion, chorus (+feedback) and phaser. I dont rate the chorus or phaser on the Fantom....to my ears it sounds a little too dry. In my mind the chorus and phaser on the Virus are very pleasant sounding.
Thats what Id do given a tight budget. I have yet to hear decent VST chorus or phaser....
DS
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