The schematic for the circuit is here (sorry for links instead of pics, here): http://commonsound.org/tremulus/tremulusscheme.pdf
I have no problem actually wiring the true bypass as suggested on their wiring diagram (http://www.commonsound.com/tremulus/pcb2.4.1/wiring.pdf), but I don't necessarily like that setup. I've used something similar in the past, and have noticed that some circuits tend to leak into the bypassed signal because the input of the board is not grounded when the bypass mode.
I typically use a setup like this:

My issue is that LED1 (it blinks with the rate) in the schematic doesn't connect directly to ground, so if I added that extra jumper between the board input lug and the empty lug on the common sound wiring diagram, the bypass mode would connect the input of the board to R11, pins 1/2 of the 4558, and the depth pot instead of ground. To me, that seems like a bad idea since I'd be mixing the bypassed audio signal with the LFO (this could potentially lead to even more leaking?)
My solution is to use a 4PDT. I would wire 3 of the poles just like the common sound wiring diagram suggests, then add this for the 4th pole:
--Empty (maybe add another LED for on/off just because the extra lug is there and I like LEDs)
--Ground
--Jumper to the board input lug
I drew a crappy pic to maybe help explain my solution (the additional pole is 2nd from the left):

Bypass by bort_lett, on Flickr
I know there are a ton of ways to wire true bypass, so I'm sure there are multiple solutions, but my main question is:
Is there a way to achieve my goal of grounding the board input in bypass mode using a 3PDT instead of a 4PDT (without just taking the rate LED out of the switch and letting it blink all day long)?
I'm building this on perfboard, so I have plenty of space/flexibility to make changes to the circuit if necessary.