Mod Bod
I recommend you get this one and keep it on your master bus.
I send my Master bus to my Reference bus, where I have Magic AB. The Reference bus goes to my audio card. When Magic AB is off it's just a pass through and has no effect on what gets to the soundcard.
This way I can have effects on the Master Bus or its ProChannel and Magic AB ( on my Reference bus) hears everything that comes out of the master, fully effected. I use that to compare my master to the reference tracks.