We Brits have long been confused with the pronunciation of the M word, I'm still in favour of Mooooog - because theres something Onomatopoeic (sp?) about it. Something, well Mooogy.
I hope this video helps clear this up once and for all though.
Girts shows off some of the new Erica Synths range, including the Graphic VCO, Black DSP 2 and the Resonant Filter