It's somewhat new to me as well, at least in this form. But occasionally I do audio editing for a living, like mastering, sometimes "budget" recording, live mixing, etc., mostly working in Logic. So I'm familiar with general audio path concepts. Nonetheless, I'm now spending several hours a day to explore the possibilities and boundaries of the Stomp. Flexibility = complexity – that's for sure. Luckily, being self-employed, I can take the time I need at the moment. :)
Exactly.
It's all set up already.
Everything after the Send block now goes to the Main Out jack only, but not to the Send jack.
Not necessarily because delays and reverbs usually have a dry/wet "Mix" slider built in: 0% = dry signal, 50% = dry & wet equally mixed, 100% = wet signal only. So you'll just set the desired proportions – probably somewhere between like 20–40% – and leave it as is.