The Bass Boost switches are crucial for setting the tone. The name is a little misleading, because the BB switches are pre-gain and pre-EQ. Not only do they increase bass, they really change the "feel" of the module as well. THe more bass you have going into the gain stage, the smoother and softer it feels.
Kinda like how Jeff and Bruce were talking about the Bogner Ubie. It has a bass "cut" early on in the circuit, and then a bass "recovery" later on. You can mimic that by using BB0, and cranking your density.
So it's very, very different than merely turning up the knobs.
Try BB0 with the bass knob at 3 0 clock, then try the BB1 with the bass knob at 10 o clock.
Same general amount of "bass" in the overall sound, but totally different feel and tone and vibe.
I never use the bright switches for the most part... but they are useful if you like to have the A and B channels on the same module at opposite ends of the spectrum. They're also cool because they're inactive when the gain knob is at full.
For example, if you are using the SL module, and want the B channel cranked, and the A channel kinda clean... the A channel would be kinda middy and muddy without using the bright switch for some sparkle.