noodling with combined panel and footswitch leds

[luthierwnc]

Hi All.  I'm experimenting with a two-channel amplifier that I'd like to operate by either a panel switch or footswitch.  A or B but not Y.  I've drawn a diagram showing what I think will work.  When the footswitch is plugged-in, the panel switch is disabled.  The relay is a conventional Dumble-style arrangement.  I may put a voltage regulator in place of the 1 ohm resistor and the resistors on the dual-color LEDs will be based on the draw.  Some of them come with the resistors already installed.  The footswitch jack on the back panel is a Switchcraft 13B stereo with a shunt on the tip.  The footswitch itself will be hardwired with a strain-relief. 

At any rate, I throw these things up there mostly to see if anyone says, "Why don't you just ..." as this wheel has already been invented and no one told me.

Thanks for any comments and good luck with your projects, Skip