You won't regret, is a funny effect. Sounds incredibly good for so few components (37) + a SPDT switch and two pots.
Yes, there are 4 IC's, but as you can see, the board is not huge, and just have 4 standing resistors, can live with that! I've tried with TL072 and TL062. Defineteky, T062 sounds better, it seems that the effect was designed very dependent of this IC. Should try anyway with 4558s, why not?
BR