This part was discontinued by every supplier in the wake of the RoHS madness - and there was no replacement - the closest replacement were the fragile, horribly slow, and extortionately priced Cadmium Sulphide LED/Cell devices.
I gave up looking for and using these (H11F1) parts because they were only available from 'obsolete component' suppliers at high prices.
I have now discovered (by accident) that Fairchild Semiconductors is again producing these parts, in RoHS compliant form.. Price has gone up a bit (£1.70 vs £1.10) but they are worth it for applications that need them.
Applying a current via the LED causes the FET resistance to vary - from ~100 ohms to ~300M ohms, and these isolators have a fast response (25us!) They can be used to make remote attenuators with unmeasurable distortion..
It is really nice to see this part return!
(available from Digi-key.. http://search.digikey.com/scripts/DkSearch/dksus.dll?Detail&name=H11F1M-ND )
Data-Sheet: http://www.fairchildsemi.com/ds/H1%2FH11F1M.pdf
Oh - One other thing.. Because the gate of the FET is not exposed, one can handle this part without taking extreme* care about ESD (*one should always take care with all components - but high-Z inputs, like FET gates, are the most likely to get zapped)
p.s. " attenuators with unmeasurable distortion " only applies if one keeps signals across the FET low - easily done. If one overdrives the FET, distortions occur - and this can be useful, as the distortion resembles 'soft clipping' and can be a useful 'tube' type effect.
I think this part is probably the simplest way to implement volume control for a Theremin.. One could take the audio from the mixer directly to the FET, and the CV via a resistor to the LED.
(Back in 1979 I obtained some of the first pre-release samples of this part from GE, and was the first importer of them to the U.K. .. So I am probably a bit more 'sentimental' about them than I should be! ;-)
Fred.