Ellipsis is basically DoTimer recoded. I wasn't aware that the author was still working on Ellipsis.
http://www.wowinterface.com/download...ommentid=92408
http://www.wowinterface.com/download...ommentid=92430
I'd suggest giving DoTimer a look:
http://www.wowinterface.com/download...2-DoTimer.html
DoTimer's author hasn't been around for a couple of months, so until he returns I'm maintaining a version of his addon with various fixes that have become necessary as some changes have been made to the game since his last update:
http://www.wowinterface.com/download...merFanFix.html