AWESOME had a super quick play with this now im off to work. Looks like the FM section is all once bit modulator with the existing waves combined as the carrier? Mod, seems to be the modulator volume and harmonics is the multiplier?
This looks really really interesting.
EGR - a quick edit linking to the software and the nightlies and maybe n00bstars turtorials and a tune or two might be nice? great idea!