Definitely my new favourite pedal!

Honestly the best way to pick up the EJ stuff is to totally become absorbed.  I probably went a whole year listening to nothing else and it just kinda rubbed off.  I was a total SRV clone prior to that and it was a TOUGH transition.

Eric's clean style is centered around playing single note melodies that fit withing chord structures.  He often times only picks 2 or 3 notes of the chord and the result is a cool almost piano-like approach to his rhythm.  For the lead stuff there is a lot of string skipping, pull offs, and alternate picked pentatonic licks. 

     The big "AH HA!!" moment for my interpretation of the EJ style was when I began to see the relationships between your standard minor blues pentatonic scales and a corresponding major key.  For example on "Cliffs of Dover" the song constantly blurs the line between the key of E minor and G major.  There is also a certain classical flair to everything he plays, not so much in the Yngwie Malmsteen sense but it's definately there.  That constant major/minor tension if you will....

Anyways as you can tell I'm a total EJ nut!   

Not a pedal as such, but the ambience definitely reminded me of this video...

You cannot beat a TTE...and you sure do pay for that privilege - some nice playing there too.
If a pedal for 200smackers could get even halfway near that...I'd be buying it right now.

http://www.youtube.com/watch?v=qA4iJmO9IAI&fmt=18

You're not going to get that close at $200, but for $300 you could try the Skreddy Echo or perhaps an older Empress Superdelay.  ProGuitarShop did a comparison between the TTE and the Empress and it was CLOSE....but again I bought a beat up old Maestro Echoplex for 300 bones and it's what all other delays are judged upon.  Besides, knowing you Mr. Wammbarro you HAVE TO have what Page uses man!!!  There's a certain nostalgic vibe to those Echoplexes.... 

Ehhghhh  I forgot you were in the UK!  Welllll at least you guys get Marshalls cheaper than us Yanks!  That SUCKS because there are a ton of really nice EP2s and EP3s on Ebay right now but the shipping wouldn't make it very economical for you.  Seriously though, the Strymon El Capistan, Skreddy Echo, and Empress Superdelay are so close to nailing the Echoplex thing you'd never miss the differences in a live setting.  I've also heard that Pete Cornish's tape echo emulator is awesome as well, but I'll never get a chance to try one of those.  For the $$$ ask Jakey, he's digging the SIB Echodrive.  Sounds at least half as awesome as a real tape delay IMO, probably the best bang for the buck.