Ideas for any interested developers

Well, I whipped out this BASICally script that maybe does the inertia part, albeit with an extremely naïve notion about how physics works:

WHEN start()
  pos = in1
  velocity = 0
  ' Maximum acceleration per sample.
  ' Should be computed from something more
  ' intuitive.
  max_accel = 0.001
  ' Maximum amount of ground pos can cover
  ' in a sample.
  max_vel = 0.07
  ' A friction coefficient to prevent
  ' infinite wobble around IN1?
  friction = 0.00009
END WHEN

ALSO 
diff = in1 - pos
IF velocity > 0 THEN
  velocity = max(velocity - friction, 0)
ELSE
  velocity = min(velocity + friction, 0)
END IF
if diff > 0 THEN
  velocity = velocity + min(max_accel, diff)
ELSE
  velocity = velocity + max(-1 * max_accel, diff)  
END IF
IF velocity > 0 THEN
  velocity = min(velocity, max_vel)
ELSE
  velocity = max(velocity, -1 * max_vel)
END IF
pos = pos + velocity
out1 = pos
END ALSO

Those variables max_accel, max_vel, and friction values are worth playing with.

Just throwing out some half-baked implementation for you.