Flashback X4 got me confused. Stupid question?

Flashback X4 got me confused. Stupid question?

Somethings bugging me and I can’t work it out.
When you save a setting in one of the foot switches what exactly does it save?
Does it only save the knob settings or does it include the chosen effect which it’s on at the time?
I’m confused because once I save it on a switch I can then dial in another effect and it changes the Delay. I though each switch would save the effect as well as the Delay setting chosen?
I would appreciate your expert opinions.

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Source: http://forum.tcelectronic.com