I have also found the 4038 amazing on tenor sax. I mean it nailed it. Also had good results on trumpet. I like them as overheads (with a glyn johns set up, blumheim and m-s). I've also used m160/m130s for overheads. More definition, less"size". To me the lower mids on the 4038 are what makes them different from the other ribbons I've tried (121, m160, m130, reslo, 77 (this was closer...))
I also like the coles on guitar cabs but end up having to move it back because of volume a lot of the time (does tend to make me paranoid (I only have two 4038s))... I enjoyed the royer more in this application (although sound was very different, more definition...)
Generally I've found the coles and beyers great on strings when they are close mic'd.
the 4038 was great on harmonium once...
the m160 I've gotten great results on vocals many times. The m130 also but not as often. (other mics in the line up: 67, um57, c12a, re20...)
I hope some of this is useful
Javier Ortiz
javier@estudiobrazil.com