Madbee has released maDelay, a freeware tape delay effect in VST plugin format for Windows (made with SynthMaker). Lovely made with synthmaker HAVE FUN! maDelay is avaiable for free download via Madbee (3.53MB download size, 32-bit VST plugin format for Windows). This is a tape delay effect, featuring saturation and a band pass filter which can be used to color the sound. It also features a mix knob and the standard feedback control.
The same developer has recently released another freeware effect called maDulation. You can find it on the website linked above!