I have to say the virtual instrument is VERY VERY similar to the hardware. I left local control on while using MiniFreak to control MiniFreak V, and had sound coming from my PC (generated by MiniFreak V) and from my keyboard amp (generated by Minifreak). All the sounds were identical to my ear, but I thought I could hear a difference when I used the bandpass analog filter at some very specific settings, as i swept around.