Does Sony Acid Music Studio have effects for guitar like Garageband?
Yes it does. Any full version DAW will offer effects and filters. This is directly from the description of Acid: Cutting-Edge Audio Effects Apply over 20 DirectX audio effects, including the new tempo-based effects such as Flange, Amplitude Modulation, and Simple Delay that automatically adjust to project-based tempo changes. You can also create resonant sweeps, dramatic fades, EQ changes, and add effects using automation envelopes. ACID Pro 6 software also natively supports VST effects, expanding the palette of sounds available for music creation. Apply automation and tempo-sync VST effects. Use VST soft synths with multiple busses. Also mess around with Panning and EQ to tweak your guitar further.