I see. Thanks for sharing your thoughts.
The moment I pressed submit, I wished I would have posted 2 topics. One for bypass, one for presets - my fault I know.
I really would very much appreciate a quick one button solution (mappable) to temporarily bypass FX. An effect group preset would be 'hidden' inside a drop down select box, at least in the current UI, wouldn't it?
Or could you imagine a "no fx" preset for normal FX instead of the bypass button? Besides that, it would require you to save the current parameter settings as new preset, to be able to recall them after a few seconds of "no FX". Hope it makes sense what I'm saying.
Anyway I'm very happy to know that effect groups are on the todo list.