Chuck D. Bones
Circuit Wizard
My LDR experience is limited. What I have figured out is that putting more light on an LDR than is needed by the circuit is counter-productive. In both circuits, the gain is proportional to LDR resistance. As the guitar signal decays, the compressor reduces the LED current so that the LDR resistance will rise and increase the gain. If the LDR was over-dosed with light, the LDR resistance will not rise quickly enough to maintain a constant, or near constant signal level at the output. The result is that the guitar signal fades and then recovers.
The short answer is you don't want a bright LED and as long as the LDR resistance gets low enough during the attack, the color of the LED doesn't matter either. Use what's in the BOM and don't obsess about getting every photon onto the LDR. If you get enough compression and sustain and it all works smoothly, then you did it right. If the compressor over-reacts and cuts the guitar signal too much immediately after the attack, then too much light is landing on the LDR.
The short answer is you don't want a bright LED and as long as the LDR resistance gets low enough during the attack, the color of the LED doesn't matter either. Use what's in the BOM and don't obsess about getting every photon onto the LDR. If you get enough compression and sustain and it all works smoothly, then you did it right. If the compressor over-reacts and cuts the guitar signal too much immediately after the attack, then too much light is landing on the LDR.