Morpheus is a velocity sensitive FM sampler with 2-pole multimode filter.
You can use any individual wave sample as modulator and other one as carrier signal. It's concept is very simple but it can produce a wide range of quite unusual dark ambient, noise or industrial atmospheric sounds in the spirit of David Lynch's Eraserhead.
When wide stereo sample is used as a carrier (for example pad with lots of reverb) one can achieve interesting stereo textures. These sounds beg for huge delays and reverbs.