Glad you like it
What happens is the internal VCO output goes into the new VCO, so technically it is FM, but due to the PLL the new VCO tries to lock onto it, (hence Phase Locked Loop) however using different settings on the FREQ control will determine how closely it will lock on, so at some settings it can be an octave lower, or give a fast tremelo type effect, other settings it sounds like hard sync, other settings it can be an octave or more higher, or totally doing its own thing if set very high. It can be just messed with for crazy stuff, or if doing more tonal/regular sounds can be set to unison or intervals, the level know will also determine how it sounds, around just over halfway is approx the same level as the internal VCO, but interesting things can happen if it is set very high, as then it overdrives the filter a bit.
Oh and it is great for doing drone sounds, if you like that sort of thing, especially with high resonance, level set to max and perhaps some LFO to pitch on fast.
Cheers