It can be reduced further by removing two more shunts…
View attachment 118948
The layout could be made more understandable also, which always helps. Typically signal flow starts at the top-left and moves towards the bottom-right. I’m working on a version that does that but got called away.
I can't compare CPU % because I have no idea what's inside the blocks.
And, depending on what's going on in the VolPan block, it could be incorporated into the Return block's Return Level or Output Level control as a modifier, but then it's hiding where the volume control occurs which is a problem; It's like refactoring code and being too cute with constructs that end up obscuring what's really happening. Saving 1% isn't necessarily useful if we can't remember how it's working.
And, trying to rework it to maintain a more traditional layout results in needing more shunts or an additional Feedback Send and Return, either of which add about 1%.