Nice tune.
I recognize some of them sounds I think
That lead sounds like a Boss/Roland "Pedal Arm" setting.
I used to use that Bass patch for guitar they had and it worked alright as long as you don't hit 2 strings at once. Saved my pennies and bought a cheap bass.
You have the start of something cool here so lets see you expand on the idea. 1:52 leaves me looking for more.