I have a Yamaha RM1X... I'm not at home at the mo so I'm not sure if it does MTC, I assume it does. I use Midi Clock, not sure about MTC (midi time code)...

What do you want it for? The RM1x is a brilliant 16 track midi sequencer and drum machine/pcm synth module, I use it to sequence a synth (mmmm, love my Virus!!) and it sends a midi clock signal (thru the virus) to my laptop to sync ableton Live..

I saw an RM1x on ebay recently for e400 (you'll have to go e-bay if you want one as they don't make em any more)

It's a beast of a sequencer for that money and I have to say, I've have mates who have the MPC1000, 2000, and 4000 (which all have the same style sequencer) and I know my way around those machines but none of them can get a groove going like the RM1x. The way it handles percussion is amazing (it's the baby brother of the RS7000 btw)

Anyway, if cost is an issue, I can't recommend the little fecker enough, absolute class.