Hey Plieuwski,
that's amazing! Thanks a lot for this tip, mate! That seems like a very straightforward application, indeed.
I did some further research and a couple of other modules that can do something like that are the Endorphin.es 'Total Recall' and the Shakmat 'Harlequin's Context'. The former is more of a hassle to program (especially in comparison to the Klavis it seems). The latter is a complex masterpiece of a module too. It does allows however the offset signal to morph into an LFO (with possibilities of attenuation as the curbe continues, truly amazing).
If one would want to approach this with bread and butter modules, the chain I could come up with is:
offset signal -> comparator -> sample and hold -> attenuverting mixer -> switch. The patching is quite intricate for a rather simple on an abstract level idea, I'd say. I guess it just goes to show how patching difficulty in modular doesn't necessarily reflect the difficulty to comprehend an idea. Sometimes difficult concepts could be patched quite easily and vice versa.