Little Phatty overload is just soft clipping

From the time I studied the Little Phatty to build my moog filter, I have wondered if the LP does pre-filter distortion of the signal or if it uses feedback for its overload.

From the Little Phatty schematics it is clear that overload is just soft clipping, and the circuit is extremely similar to what I did for my distortion with in-feedback-loop OTA :-D

My circuit: http://atosynth.blogspot.com/search/label/Distortion

The LP:

There are a couple of differences: The moog circuit uses both inputs of the OTAs, and also the same CV (though inverted) for both increasing the amount of distortion and reducing (?) the output gain. A nice trick to keep output at the same level I assume.

The overload CV also controls gain/attenuation of the filter output it seems.

UPDATE: I missed something - in addition to the soft clipping, the output from the distortion is fed back to the audio mixer, thus the distortion also has feedback.