I had this mod made to my 20th Anniversary Shiva. My amp has the reverb and (I was told) the reverb jack is already a TRS jack (just like the channel/boost jack is). So, all that had to be done was a run a short wire from the reverb jack to somewhere on the board and that was it. It took about 10 minutes for the tech to do (after he called Bogner for direction) and it works perfect - it's also completely reversible.
I had RJM make me an Amp Gizmo custom interface cable with (2) TRS plugs on it and now I can footswitch the following: channels, boost, mode and reverb. This allows me to set the gain relatively low (less than 1/2 way up) and have low gain and high gain channels via the mode switch and further gain on each channel as needed via the boost.
I have not notices a loss of volume as you switch the mode in and out - it seems pretty consistent to me. I do notice there is a considerable drop in volume when the shift button is engaged, but this button is not footswitchable.