Reply to efx1000 effect trick in ableton?

i was watching this and wondered if you could do the stuff that is done in the first minute of video in ableton using a controller with enough knobs and buttons(or pads).i have recently started using an mpd32 with a program called guru for beats and am believeing of buying a sequencing program.i know there is a program called max for live but dont really want to spend more than the initial suite to start with.i believe the efx has a sort of tape delay which james zabiela seems to know how to take advantage of with the feedback at 100%.does he only use delay for this trick with the kaossilator over the top.hoping someone can let me know what they believe.[youtube]http://www.?youtube.com/watch?v=-qSBF3KF5VA[youtube]