Just a suggestion, but instead of modding the pedal consider getting a loop blend pedal with blend to enable you to mix the effected signal with the dry signal. This avoids possible accidental damage to the circuit.
Easiest/cheapest is a Boss LS-2 off the 'Bay. New I've seen 'em for 80 bucks including shipping, used around 40-ish or even less (WARNING!: I am turning into a bit of an LS-2 fanboi over the last couple of months). Damn good bang-for-the-buck in my opinion. I like the LS-2 'coz it does a bunch of handy signal routing stuff, not just blending/fx loop.
There are a bunch of other companies that make specific loop/blend pedals with varying features...
http://bargeconcepts.com/vfb1.html (I want one of these)
http://www.bargeconcepts.com/vbjr.html
Unfortunately, although Barge Concepts stuff is excellent (I have a GLZ-1) they haven't answered any of my emails in the last month and their website has been "under construction" for quite some time so I'm reluctant to order and pay for anything from them at the moment.
Here's some more:
http://www.xotic.us/effects/x_blender/ http://www.woundedpaw.com/catalog/pr...roducts_id=136 http://guitars.musiciansfriend.com/p...&CJPID=3353204