It’s partially just personal preference. In a certain sense, I like working with simpler parts and assembling a whole from them.
I had a DX-100 back in the day, and then a DS-8. Later when plugins came around, I never really recaptured the love I had for those. FM was something I used occasionally for weird digital breakup noises, basses or glassy pads (usually with two operators, or an algorithm with a pair of detuned modulator-carrier pairs) but not a major part of my sound.
One of the first things I did when I got my first module (Tides) was to FM my Microbrute with it. And that was pretty glorious. I discovered there are all kinds of flavors of FM beyond Yamaha-style phase modulation. It was a bit like when I realized Chinese food goes way beyond the fried rice my parents had always ordered
And then I got deep into West Coast style complex oscillators, wavefolders and LPGs… 2-op FM at its best.
I tried a Volca FM and a Reface DX a few months ago and found I just didn’t like either all that much; I also haven’t been messing with FM8 or other “traditional” FM software at all in the last couple of years.
So now I have:
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Hertz Donut, which is great for dynamic linear TZFM and those Yamaha-ish bell-like tones and has noisy digital shapes, but there is no restriction on frequency ratios so you can set up wildly inharmonic tones or some nice subtle beating, or you can sequence them separately, you can hardsync the VCOs to each other or something else, cross-modulate, and so on. Or FM eiither or both VCOs from another source, for linear or exponential FM. But most often I just use its internal FM bus for 2-Op FM.
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E370, in which each of its four VCOs has a sort of tame and gentle 2-Op FM mode but you can apply them to any wavetable, not just sines. It also has a phase mode where you can use audio rate phase modulation for a similar, but subtly different effect. And on top of that, it’s got FM inputs, which can be assigned to exponential or linear TZFM modes at three different strengths, and the linear comes out really dirty and weird compared to everything else even if you filter the modulator signal. And since it’s a wavetable synth, you can give it banks that were created through FM synthesis and stack it even further. But honestly: with all those possibilities I tend to use it mostly for 2-op, exponential FM.
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Double Helix, which is an analog saw-core complex oscillator that does exponential FM only, but is full of character. Using saw instead of sine for the carrier sounds pretty nice.
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Rings, which has a poorly hidden 2-op FM mode, and an exponential FM input
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Plaits, which has a similar 2-op FM mode.
Also there’s both Aalto and Arturia Buchla Easel V repping the West Coast in software, and now PortaFM for the old Yamaha sound. And I find I still like it, but mostly when I do crazy things with it instead of electric pianos and bass and brass 