You can also freely chose a channel in Blitz.
But I guess that some effects dont sound totally the same on both pair of channels couse as I read recently here, channels have some minor non uniform delays between them.
Few months ago I also made a test mod where I used 2 samples, one with hi pass, one with low pass, while pumping the ones volume I was decreasing the others volume, and vice versa, so I got the effect like you're playing with eq potentiometers.
But you have something similar(or its the same) covered already.
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