2-in-1 pedal build with ABY capabilities

lowpitch

New member
I'm planning to put two preamp pedals inside a single enclosure. I want to be able to select either pedal A or pedal B as well as both in parallel while only using a single input and output jack.
So far I'm thinking of wiring the input and output jack to both pedals' bypass switches. Then instead of wiring the switches for true-bypass I just leave the bypassed pedal's input and output floating. I believe this shouldn't have any effect on the signal when only one pedal is turned on. But what happens with both in parallel when passively split and mixed like that? I'm guessing each pedal only receives half the input signal while the combined outputs double the output volume. Is it as simple as that?
 
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