Series / Parallel Switch description

Hello,

I had a question about a series / parallel switch I have found on the Pitbull and the Sig:X. In reading the manual, it only says

“Sets the loop for series or parallel operation. See FAQs for complete explanation about Series and Parallel loop operation”

I’ve looked through many manuals and there is simply this line stated. The websites the documents point to are legacy websites or point to the Fryette website

Can I have the complete explanation so I make sure I am setting things correctly?

I went to the old website using archive.org and looked up the old FAQ which is referenced in the manuals. This is verbatim what is written in the section about the effects loop:

With some effects there can be phase issues with the amp effects loop set to parallel Effects that have a dry mix. I am not sure about others.