Nice. To the folks saying "nothing to see here" this appears to be a variation of filter-bank spectral analysis where each band varies in frequency to track "the" in-band sinusoid. Somewhat like a bank of PLLs each with its own tracking bandpass filter. By using IIR filters rather than FFTs you avoid the latency of buffering up a full frame of data before you can run the FFT analysis. I am curious how this handles input containing broadband transients. It might be interesting to use CIC filters rather than an IIR lowpass to get better time selectivity, but maybe that's already been addressed, I didn't read the papers.