Yes, it's a wet/dry mix control, see page 44 of the manual. [Clarification: page 40 of the printed version, but 44 in my PDF reader.]
Extra tip: if you want to automate bypassing a plugin but find (as sometimes happens) that it causes a pop or some other annoyance, as a workaround you can automate this wet/dry control from 100% wet to 0% wet and get the same end result.
Last edited by matt_t; 10-11-2021 at 10:31 PM.
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