Digitech Whammy Pedal

Is this pedal any good for creating noise along the lines of My Bloody Valentine, Sonic Youth, Dinosaur Jr., etc.? If not, could you recommend me a couple pedals that are better? I'm looking for something that would work well with these requirements:

1. Works well with MXR Distortion+
2. Can create "different" sounding (detuned, abnormal [listen to "Isn't Anything"]) chords
3. Can break out into complete noise at times - my band uses a lot of "structured noise" much like Sonic Youth's earlier stuff...verses followed by one guitarist playing some chords and the other breaking out into choas, feedback, etc.

Also, I don't know how well-versed ILX is with guitar equipment (I'm not particularly myself, as you can see), so if you know a better place to ask this then feel free to let me know.