Waves Audio is shipping the Element 2.0 Virtual Analog Synth, an analog-style polyphonic instrument designed to deliver the sounds of classic analog synths with the precision, flexibility and control of a software instrument.
The first synthesizer to take advantage of the next generation of Waves’ Virtual Voltage technology, Element 2.0 includes an array of features and functions, including five integrated effects, a 16-step sequencer, MIDI learn for all controls, and a massive, fully tweakable preset library. Other features include: high resolution oscillators and analog envelope behavior; filters with zero-delay feedback; effects such as delay, reverb, distortion, chorus and two distinct crushers; the ability to choose between Element 1 and Element 2 modes at the click of a button; and a 16-step sequencer with Hold and Retrigger modes that can be used as a modulation source.
You can use Element 2.0 as a plugin or as a standalone application. Go to http://www.waves.com/plugins/element for more info.