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fx aid has decent bit reduction - with the xl there's a dedicated cv input for it and it's available over all algorithms - some of which are distortion type things - personally I'd go with that and beads - leaves more space for important things like utilities then
-- JimHowell1970

Thank you very much for that. I had no idea that the FX Aid XL had bit reduction functionality. It looks like a very good option.

I will keep that in mind.

All the best