That was the thought process behind the extra circuitry especially if you don’t want to start swapping out the SMD resistors in the final mixer circuit. With a basic non inverting op amp circuit you can boost the signal or buffer and attenuate it. It would be fairly easy to mock up with a breadboard and a handful of components. Once you’re settled on the resistor values you could make up the circuit on a bit of veroboard if required.
The true bypass is just that. It can’t attenuate or boost the signal as there are no components in the signal path, the switch just routes the signal from input to output and bypasses the effect so it would sound identical in level and tone. That’s pretty much the true bypass USP.
My guess is the guitar/keys attenuates the P-P voltage level presented to the input to be closer to the P-P voltage level expected of a guitar output (as a guitar output is significantly lower voltage than a line level output), prob just via a voltage divider. The values of the resistors used will also affect the impedance ‘seen’ by the following input stage.
Because the switch is soldered to the PCB if you want to access the effect output before it hits the switch you’re gonna have to either cut a trace or better still remove a component to tap into the circuit and return the output of your mod board back to the Main PCB (and on to the switch and output jack). Unless it sits after the switch I’d suggest there will be a DC blocking electro cap on the output of the effect circuit that you could use to tap into the PCB circuit.
A bit of trial and error on the breadboard would soon have you in the right ball park I’m sure. I guess it depends on how far you want to go but if you’re willing to do a bit if experimentation you should get what you want. I suppose in a pinch you could just feed the effect circuit output to a pot or a couple of resistors to ground to get the 3dB cut you want but you might have output impedance issues then? Using an op amp to buffer the effect output should negate that. Can you find a quoted output impedance of the pedal? That will inform you of what output impedance your modified circuit should have