An effects loop starts with deciding if it's for line-level gadgets such as studio outboard or other guitar pedals. Let's assume it's the latter.
Yes, that's what I want to do
The signal level in the delay can peak around 3v which is hotter than guitar generally so a volume pot for the send is wise. You already have one in the 50k so its wiper feeds the effect send jack. Nothing else is needed for that.
The effects return can make use of the volume control of the last thing in the external FX chain so it only needs to feed the 10k that heads back to pin 16.
I tried doing it like this (in between the wiper and the following 10K pot), and then I connected a "Howie's Metal Simplex" fuzz pedal to the send/receive part. Unfortunately, this only produced noise and some very high pitch squeal. While troubleshooting, I read somewhere that these simple fuzz pedals have some issue with the impedance, which I understood as them sucking up too much signal. Also, I read on 'some other forum', in a thread on putting an effects loop into any effects pedal, to use buffers in both the send and receive parts.
Using the TL072 seemed a clean solution for this, but I got confused in implementing it: what to use as the Vref -the ref pin from the PT2399?, and which wire goes to the non-inverting input and the output of buffer 1 for the send? And which wire goes to and from which pin on buffer 2 for the receive? The cause of this confusion was that the orientation of the capacitors seems to be inconsistent with the path that the signal takes (unless the audio signal can travel through a capacitor from "in = +" to "out = -" as well as vice versa - does that make any sense?)
Are the buffers unnecessary? Should it work without buffers for any effect inserted in the feedback loop?
Being clever, you can use switched jack sockets so with nothing plugged in, the 50k pot wiper connects to the 10k as intended.
This would be really nice. I've got one of those jacks lying around, so I will definitely implement that - once the main thing does what I want

Thanks for the help!