I entirely agree with Mike.
I have a similar setup and am experiencing trouble with the bypass through cc settings. My Ground Control Pro midi foot controller sends bypass cc's to the timefactor and modfactor. The bypass function is not bulletproof and fails at least 3 times per gig. That's completely unacceptable. All the other dvices in my rig eg. the sansamp preamp has never ever missed a midi program change command from the midi controller.
this should be adressed