Thanks so much Lazos – I’ve now tried it and that is exactly what I wanted! The GAIN setting I just thought of as setting the gain on the input being recorded, but it’s the gain of the loop, which when set below zero causes the volume of the loop to be decreased with each repetition of that loop.

I’ve just set it up so that I’ve got a six-minute delay! Probably more than I really need, but wanted to see what the max was.

Thanks again for advice everyone.

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