Is there a latency difference in the main signal path between these three scenarios?:

1. Slots A and B are in series and both are running presets.

2. Slots A and B are in series and one slot runs a preset while the other is a non-bypassed “INIT Program”.

3.  Slots A and B are in series and one slot runs a preset while the other is a bypassed “INIT Program”.

I’m trying to understand if can reduce latency by not using one slot and, if so, do I actually need to bypass an “unused” slot to do that.

Thanks.