Don't know if any of have checked out Output's 2 synths, but they're pretty nice.  I was strong and held off buying for now but was very tempting. 
Just got an e-mail today saying they are releasing a light version of Signal for free. 
 
"Featuring the complete functionality of SIGNAL with 2 synths and 2 organic sound sources"
 
Output SIGNAL Free

Here is a more complete description of what's included:
 

4 sound sources

2GB of content (uncompressed)

25 Pulse Instruments

LFOs, Step, Arpeggiator, Looper™

Basic & Advanced modes 

I posted about this in the 'Deals' section a little while ago too :)
Do you know if you're allowed to use the free version in commercial projects? I'm working on a project that I think could really benefit from it, but I don't want to break any rules. I asked them on their Facebook page, but I haven't heard back yet. 

Hi skitch,
 
Sorry I missed your post.  I just checked in here to post.  i don't check Deals very often.  Have to work on that.
 
Anyway, I found this for you:
 
http://outputsounds.com/company/licensing-agreement/
 
Think that explains what you're looking for.
 
Cheers!
Bud
 

It's not problem. I wasn't sure which section was more appropriate to post it in, so I just went with 'Deals' since you can't get a much better deal than FREE! Haha! 

Thanks for linking the licensing agreement. I guess if they didn't explicitly write that it can't be used in commercial projects, then the free version will also fall under their states licensing agreement. If I hear back from them on Facebook and that's not the case I'll write here. 

15 minute time limit...why limit it if it's free?

That's a deal killer for me...too bad...

I think the time limit only applies if you don't use the full Kontakt. Not sure what the actual reason would be though...
 
Dan
 

Dan's correct - the 15-minute limitation applies only to the free Kontakt Player, as it does to every non-licensed Kontakt library. The paid version of the library is licensed with Native Instruments and can therefore be added to the Library tab and played through the Player without restrictions.
 
Other than that distinction, the main difference between the free and paid ($199) versions is the size of the library: the latter is 20x larger than the former.
 
I generally don't bother downloading even freebies without hearing them first. I had to poke around a bit to find them, as they're not linked on the page from the OP. Demos are here.
 
It does sound pretty good, but IMO not two hundred bucks' worth of pretty good. Most of the sounds are rather generic and/or over-used synth patches. I gag whenever I hear yet another amplitude-modulated stacked and detuned sawtooth. I remember when electronic music was all about exploring new sonic turf, not regurgitating clichés.

In a way I kinda like this smaller version, not forcing me to put another 40 gigs on my drive 

cclarry
15 minute time limit...why limit it if it's free?

That's a deal killer for me...too bad...

The limit is ONLY if you use it in the free Kontakt player.  There is no time limit if you own the full version of Kontakt  so that makes me think that somehow NI is involved in that limit.