Have you checked out the Zoom B2.1u???
http://www.zoom.co.jp/english/products/b21u/index.php

It's resonably priced (should be about 500 ringgit range), it performs quite well, has most of the effects that you will need to play around AND has a USB interface to record to your computer.

Or if you don't like Zoom, you can try out Digitech's BP80 or BP200 products. Doesn't have a USB plug, but according to some, performs much better compared to the Zoom.... SHOULD be around the same price range.

But if you REALLY have cash to splurge on, Check out the Digitech BNX3.... http://www.digitech.com/products/bnx3.htm

If you're talking about GUITAR effects...... I think my first pedal was the Zoom 505, 2000 limited edition silver one..... Then added on a GCB-95 Dunlop wah (Got it for my 21st Birthday).
I then got the GFX-5, and added in the ZW-44 and now, the ZW-45.

I think you can get the B2.1u at Chambers in Sungai Wang or Bentley.

Also.... since on the subject of Pedals..... Dunlop FINALLY came up with a Slash Wah!!!! http://www.jimdunlop.com/index.php?page=pr.../p_and_e_detail

Looks REALLY killer and would be a good alternative to the Crybaby from Hell or the Wylde Wah.....

You can try CK music in Jln Imbi. I got my Zoom B2 for around 380. But of course if you have the cash do go for the B2.1

I love the Zoom B2...

My first effects pedal was the Digitech RP3. Decided to get it fixed lately and tried playing with it and realised why the company's name is called Digitech. The effects really sounded very digital. Not natural enough, well to me. Even when using a tube amp.

hehh... another one who got the MT2 first.
for heavy distortion use, i like it. but anything less, its hopeless. kills the subtle nuances of your playing. but i still miss it though... all because it got stolen.
nevertheless, after that, i decided to get myself a Korg ToneWorks AX1500G.
I'm still happy with it till now, the only gripe about it is that some of the distortion models lack the punch and tonal clarity (hence i wanna build a TS808 soon), and the fact that you can't have the freedom of arranging the effects in any chain you want (but thats expected from effects of this range anyway).

Both

Honestly....... my perfect setup would be a 2 FX-loop system...... switchable using a Tonebone Loopbone......(http://www.tonebone.com/tb-loopbone.htm)

One loop will lead to either a Pod XT Live, Boss GT-8 or a Vox Tonelab SE, with a seperate Crybaby from hell/Slash Wah (Something that's customizable) and then the other will consist of the Zakk setup......which is the ZW-45 Wah, Rotovibe, ZW-44 Overdrive, EVH Phase 90, EVH Flanger, Octave and a Chorus pedal........

And then the signal will output to a JCM800 2203x (or ZW model) with the FX loop in the rear....... either that or a Marshall Mode4.....

I was in Bentley on Friday and there is another ZW wah there. Definately not the last one. Bet they tell the same thing to everyone. 

i would be blur with too much effect pedals. haha !

mine would be MT-2 and CH-1. thats for guitar.
for bass, i would like to get bass equalizer first. but no time and money yet. aiyooo.