hey, i was just wondering what good effects are needed/prefered for shred? minus the distortion pedal(s)
a little bit of phaser with delay always sounds pretty cool to me with some middle to heavy reverb
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Delay owns for shredding.
-Shecter C-7 Hellraiser FR, Schecter C-1 Hellraiser FR,
ESP LTD F-2005, Ibanez RG7321
-Peavey 6505+
-Maxon OD-9, Dunlop 535Q Wah, EHX Deluxe Memory Man, MXR 10-band EQ, MXR Super Comp
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UG Gain Whore
I think a hint of reverb.

When you stack delays and modulations onto leads, I find that it usually muddies up, or you are just using it to cover for your chops.
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You don't need any effects to shred. Worry more about your articulation, accuracy, dynamics, and phrasing.