Here's one I thought you might enjoy. When I made this track:
http://elektron-users.com/index.php?option=com_fireboard&Itemid=28&func=view&id=142747&catid=10I did quite a nifty little trick to synthesis the kick drum.
I setup the BC16 to just play a simple sine wave with a shortish amp envelope. Placed MIDI trigs on the OT to trigger (usual 4-on-the-floor pattern) and setup a track recorder with 1 one-shot recording trig. In the playback pattern I placed the same 4-on-the-floor layout of trigs.
A flex machine was assigned to the track and I setup some real-time synthesis:
FX1: LO-FI
FX2: FILTER
LFO 1: exponential, 32x, ONE with maximum depth, destination PITCH
LFO 2: isaw, 32x, HALF, with about 64 depth, destination LO-FI DIST
So the OT was doing a super fast pitch sweep via LFO 1 and adding a tiny crack of distortion at the beginning of each kick sound. Fine tune the sound with the filter and you can get a pretty reasonable analogue-sounding drum.
What's nice is that you can keep arming the one-shot recorder while the track is playing and mess around with the original source sound (in my case coming from the BC16) like changing it to a square or triangle wave etc.