So I happen to also be (used to be) an electronic musician, I love analog synths ( never could afford them though) , so I am stuck with Reason : ) for now.
I think the specific analog synth market is perfectly ok with a gazillion knobs because that's what you play with to tweak sounds, the labeling though has always been a bit cryptic to me, so I personally tend to ignore it and just focus on the resulting sound, some labels are helpful, like level, pitch etc, but as you delve deeper into synthesis, things like LFO's ,CV QR'S etc, just become meaningless until you study the manual and experiment a bunch, then it clicks and the labels are there for reference.
Having said that, I think the labels on something like this should be distinct and helpful, having arrows and lines showing the possible routing for instance:
another good example I think are Orange amps which use a lot of iconography instead of labels:
I can't find it at the moment, but there was this one Bass or Guitar Tube Amp or some such that instead of word labeling had sexual positions
, but I bet the player always knew what each knob did : )
Edit: Found it: Manual for a very offensive named guitar Amp possibly NSFW