So I turned the intensity down and still get a good signal at all three of those pins.
Something occurred to me and I feel pretty dumb asking this whether I am right or wrong:
Should the Level serve more as a mix or a volume/boost for the already mixed signal? If I turn the level all the way down and can't hear anything, is that how it's intended to operate?
Per the user manual of the EQD version, unity is around 1 o'clock and that seems to be accurate with what I have here. Once you get to about 11 o'clock volume drops off very rapidly to nothing.