Hello Nick,
 I am sorry to tell you this, but this does not sound good. To me it
 sounds like a broken filter chip. Appearently the filter dose nto work
 as it sould do: The example
 > Polyphonic mode, triangles with resonance fully up:
 >
http://www.guitaraustralia.com/MonoPoly/trianglePOLY_resUp.mp3
 206KB
shows no resonance at all, but feeds through some portion of the input
 signal to the output.
 Does the filter basically work
What happens if you turn the cutoff
 frequency potentiometer full counter clockwise
 You might check, whether the SSM 2044 on the filter board is socketed
 and perhaps the chips got loose in the socket and needs to be reseated.
 If the chip is soldered direct to the pcb I think it is broken at all.
 Florian