]
V1= preamp tube 1
V2= preamp tube 2
V3= preamp tube 3
and each 12AX7 preamp tube has two seperate circuits, i.e. V1 and V2 due to their construction.
V1A: 1st Gain Stage
V1B: 2nd Gain Stage
V2A: 3rd Gain Stage
V2B: Cathode Follower
V3A/B: Phase Inverter
Using the low input bypasses V1A to V1B gain stage. Most plexi users however jump both channels so you'll have a full 3 gain stages.