
"The Korg M1R is pretty much an M1 without the keyboard. It can do everything the M1 can. The layout is similar to the M1 and it even has the M1's built in sequencer.
The M1R EX is a M1R with double the internal Multisound ROM (8 meg vs. 4 meg). This is the same Multisound ROM found in the T-Series. The M1R EX was sold new and as an upgrade for the standard M1R. Because of this the synth may or may not be labeled as an EX model.

Since the M1R EX is the top of the line rackmount synth in the M/T Series line it is sought after by those who want the "M/T Sound" but don't have space for the full sized board."
From kinneticfx.com

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