Re: Wet and dry signal???
Jeff_H said:
Dry = your original signal unmodified.
Wet = your original signal modified by the device when it is output.
On a lot of devices you can mix the dry input and wet output to blend the sound into whatever you are looking for.
My guess is on your pedal the out2 dry is so you can run a setup in stereo and have on original signal and one modified.
To add to what Jeff stated here, on delay based effects (h2O is a chorus right?) the wet is the effect (delay signal), on delay based effects listening to only the effect or wet out won't give you much effect since the effect is caused by the interaction between the dry and wet signals. chorus,flangers,phasers fall into this (although I doubt you'll find a phaser with that set up these days), delays, and reverbs also fall into this , but on those many time you will hear the effect but the direct is still missing.
For best results feed the dry to one amp and the wet to another amps set at close to the same volume. Some effects have a mono and then stereo output, the mono is used when you only have one amp, and the stereo for two ( there are a few different schemes as well in the term stereo routing), man use the wet/dry so the effect doesn't cancel if mixed in mono, the stereo chrous that has dry and wet (direct and effect) on both outputs, but a phase inverted effect on one will cancel out when mixed into one channel, or into one power section that has two input channels. In some cases that set up can cause problems with the amp ... but you should be fine here.
Out two you wouldn't hear anything except if you had the rate and depth turned up for vibrato. Try plugging into just the dry out 1 for mono use, but to check if your out two is working either plug that into another amp, or plug into it only, and turn up your rate and depth controls ... you should get a pitch warbling vibrato, you can't hear it much slow, it becomes a sea sick in and out of tune type sound ... yuck!