I have been on again off again doing a fairly intensive write up on this topic going into all the technical details (primarily the hardware side) complete with a fairly full featured/accurate digital recreation of the original MiniMoog VCF in PureData but it is not exactly a priority and progress on that is rather slow.
Edit: I should mention that despite the models not providing the full range of the source they still do provide a full range of their own. You still have your volume and tone controls but they operate on the model, they are not part of the model. They have gotten fairly good at faking things and the tone controls do not sound so much like post recording EQ like they did in the early modeling amps but they also do not interact with the sound like they do in the real amps where changing the bass level does not only change the bass but also affects the gain/distortion/frequency characteristics of the tubes on either side of it as well.