It is super cool with MP-201.
I can get something like pitchshifting/LoFi sampler with ADSR
If you apply some fast randomized S&H to mix you can get that grid delay.
Some simple modulations are great sounding.
Octave shifting with square wave.
I simulated polyphony with a 104z and a sequencer by modulating the time. The “squashed” note appears in the following stage. Normally when you modulate the time, it bends as it is compressed, but with a sequencer it will simply jump when the next stage is active. http://www.youtube.com/watch?v=bLZ3Q0DzQek