If you take the rest of the 2nd row and insert shunts all the way to the end, then the Looper will be parallel.So I tried your suggestion and it works great. What exactly do you mean putting the looper in parallel at the end of the chain (is this it)?
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The level will apply to the direct signal as well...I've never really heard the looper, if it is in series, affect the main tone. I've heard it with other hardware loopers, but not within the AX8.
That is great!Check out Larry Mitchell's looper preset...
http://forum.fractalaudio.com/threads/lm-life-pad.108686/