Hey Losthighway,
I had that same problem with mine. I discussed it a bit in the
spring reverb pedal thread. I wasn't going to have an amp with reverb for a tour we did once, and I bought a Holy Grail. the volume drop was shitty for me, and I ended up borrowing another pedal from a friend to use instead (it was a boss).
I've found that some of the ehx pedals (like the old four knob octave multiplexer) that don't have a level control often result in some signal loss.
one thing: did you buy it used? I've found that ehx pedals work much better new (and sometimes even then...) their qc is okay. alex maiolo has assured me that my experience was a bum pedal, as he has used one to great effect. I say this while openly admitting that alex maiolo is my secret "tone guru" and I usually take what he says as good, solid advice.
Another thing to note, because of the nature of reverb, guitars are going to seem quieter, but I'm assuming this isn't your problem.
I use an amp with reverb now (traynor ts25), but the reverb doesn't have a footswitch, just a knob on the amp. I've found that my line 6 delay can give you some good reverb if you tweak the knobs (thanks, scott!!). the "tube echo" one sounds really good for a digital box, plus I have two more slots for other delays on the pedal. can't run them together, unfortunately, but if I need to, I can just dial it in on the amp.
still, none of it is as beautiful as the tank on a twin. I miss playing through one of those. glorious.
hth.
Faiz
kerble is right.