Another cool idea would be to add "analog" logic functions in addition to the binary boolean logic. Ideas would be OR (the max or two or more inputs), AND (the min of two or more inputs), and half/full-wave rectification. I do like the idea of using sigmoid functions to remove the boolean discontinuities. At that point, you may as well have "sum" and "diff" modes to turn it into a funky multi-mode mixer with logic capabilities.
BTW, I just joined the community after getting an ER-301 a week or two ago. I absolutely love this module and am excited to be here.