Not really, the F1 is a Fender style preamp, the footswitch switches between the F1 preamp and a preamp in the loop, it was designed to work with another of the 1 series preamps in the loop for 2 channels.
I think my other gear would catch fire w a $30 pedal. Ears are not always a stable bench mark tool of measurement. Like is it said, if you can't hear it there is no problem.