Thanks for the reply, Terry. I'm testing it now, and I'm seeing the same thing as Synthmind. Even though I set the transpose to -12, the pitch does not go lower. However, if I set the note on a pad to C-2 (lowest note selectable) in controller mode, I definitely go lower.
I'm checking with a volt meter, and from a pad in controller mode I get 0V from note C-2 up to 7.1 V from note A6, which seems to be the highest note to get CV from. If I turn a knob in sequencer mode I get roughly a range from 1.8V - 5.6V from the jack.
...testing testing testing ....
Interesting! I just found something. If I press play, the transposing is working! It's only while turning the knobs in paused mode the transpose setting is ignored! Affects midi output as well. Is this a bug, or a feature?
I, for one, would like to be able to program my sequences using the intended transposing.