This Module is currently available.
E4 Encoder Controller
The E4 is a controller with four rotary encoders.
The encoders look like normal potentiometers, but you can turn them endlessly in either direction. (Don't be fooled by the knobs, which do have a pointer).
This allows for a wide range of applications and great flexibility.
Each encoder is surrounded by a square of 32 multicolor LEDs. This LED ring is used to indicate the current value of the encoder. And it looks really great! The LEDs help you to give you an orientation by displaying the current value.
Each encoder contains a push button, which can be used just like those on the P2B8 or on the B32.
The E4 is perfect for mapping many different functions or presets to one encoder and then switch with the buttons of a P2B8 or B32 to some other context. Because of the LED rings you instantly see the current value after switching. And other than with pots, no "picking up" of the value is needed.
Furthermore, the nature of the encoders allows for some useful features, for example:
As a bonus, there is a circuit called encoquencer, that allows you to build a melody sequencer based on the encoders and LEDs of the E4. It has the same features as the sequencer that is based on the motor faders of the M4 (motoquencer).
Power consumption:
+12V: 220 mA when all LEDs are white, 53 mA during normal use case
-12V: 0 mA
5V: 0 mA
Hint: The LEDs only shine fully white when you set them up to do so in your DROID patch. As long as you use the encoders in a normal way, the LEDs display colored light which is not as bright, so the power consumption is much less under normal circumstances.
Find the E4 module here
And the E4 set of four here
Monotrail was so kind as to create a video full of interesting patch ideas. Find it here
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These merchants probably sell this module. Huh?