You should basically lose at least 5dB when the FX2 is engaged. The wah being in the FX1 you have the full 100dB dynamic range, which equals to the G-force/ G-Major and the classic SCF. The G-system is rated at 95dB dynamic range on the analogue outputs post FX2. Using heavy compression - the G-system probably don't upsample - you might not notice the loss of dynamics in the same way.
Could you explain how this loss of dynamic range affects the sound quality?
I did notice a small drop in volume, but it didn't seem very significant.