I found an additional fairly good comparative explanation of DC servo and FG servo systems in Kenwood KD-500 series service manual (
http://www.tru-burn.com/ProductDoc/Kenwood_kd-500_550_service.pdf).
Combining what is said there with the existing answers here I can currently sum it up as follows:
DC Servo
A feedback-based system. The
amplitude, the voltage of the feedback signal is the feedback parameter. The feedback is generated by a dedicated coil, which is typically wound inside the motor itself. In fact the whole speed control system is often implemented inside the motor.
The feedback signal from the aforementioned coil is converted to quazi-DC voltage. The feedback voltage and stable
reference voltage is then compared by voltage comparator, which produces the corrective signal for the motor.
The feedback voltage can be thought of as DC voltage, but in reality it doesn't have to be ideally flat DC. Some ripple is acceptable.
FG Servo
A feedback-based system. The
frequency of the feedback signal is the feedback parameter. The feedback is generated by either dedicated coil, a photo-coupled pair or a similar pulse-producing sensor.
The feedback signal passes through a pulse shaper (differentiator+mutivibrator etc.) and the result converted to quazi-DC feedback
voltage. After that the system is essentially equivalent to DC Servo. I.e. the resultant feedback voltage and stable
reference voltage is fed into voltage comparator, which produces the corrective signal for the motor. Note that in this system the signal processing stages ensure that the amplitude of the feedback signal does not matter, only the frequency does.
Again, after the pulse shaper and integrator the feedback voltage can be thought of as DC voltage, but in reality it doesn't have to be ideally flat DC. Some ripple is acceptable.
Phase-locked loop (PLL)
A feedback-based system. The
phase of the feedback signal is the feedback parameter. The feedback signal is usually generated by a dedicated coil.
The feedback signal (apparently passed through a pulse shaper) is directly fed into phase comparator. The comparator immediately compares the
phase of the feedback signal with the phase of the stable
reference signal. Note that now the amplitude of the reference signal does not matter, only the frequency does. Any misalignment of signal phases detected by the comparator is converted to the corrective signal for the motor.
PLL systems can (and normally will) use quartz-based reference signal generators, in which case the speed control system is referred to as
quartz PLL or
quartz-locked system.