[youtube http://www.youtube.com/watch?v=pV4iGbdLRB4&w=400&h=255]
The most important change is the addition of 2 more Modulation Sequencers, and now they can have direct control over each Oscillators frequency. This change alone makes it possible to create sophisticated one finger style polyphonic sequences by being able to control each oscillator independently. As well as this comes 2 more Gate Sequencers with direct triggers for Envelopes 3 and 4, and also adds the ability to trigger the volume of each oscillator independently. The sequencers can also be assigned via the modulation matrix along with all other Sources.
via Pulse Control v1.1 Released for the Waldorf Pulse | Homegrown Sounds.