Tried your suggestions and your patch. As I'm only running XLR, the output mode was already in the right position. It definitely sounded different but I can't say I thought it was any better, overall. It was definitely more articulate, had even less bass than mine and substantially less gain but still sounded dull to me. Again, putting the EQ in the effects loop brightened it right up. Maybe it's my ears and i'm starting to lose some of those frequencies, but this is the only thing I'm noticing it with.
The FH is turning out to be more irritating and more stressful than using my amps and pedals, which is what I was trying to eliminate in the first place. I'm sure there are great ways to make some awesome sounds with it, but not sure I have it in me to get this deep (and I know it can go much deeper) with every patch just to make it sound good. I bought this device for convenience and it's failing miserably.
The one thing I like is the bluetooth streaming and playing along with songs. That's pretty fun, but it's not with $450 to eliminate the 6-foot 1/8" cable I normally use. I think I'm going to take it back to Guitar Center this weekend unless I find something simpler to fix the issue.