Dougal, (or anybody else of course) correct me if I'm wrong, but maybe a visual representation of your theory can add to this topic. This is of course completely arbitrary values, largely selected to attempt to point out a situation where a mid-valve might "overpower" a basevalve. It's also fairly hard to keep everything sorted out as there are multiple things adding together to get the total.
Basevalve
Dashed Orange - Pressure differential (Force) generated by the LSC adjuster
Dashed Red - Poppet valve HSC with a soft slope but higher preload.
Long Dashed Red - Combined Basevalve Force. This puts the HSC and LSC adjusters in parallel. The total force of the combination will always be less than the individual force of the components. This is essentially what the damping would be with an "ideal" check valve setup on the "midvalve."
"Midvalve"
Dashed Blue - Force from the flow through the ports in the midvalve.
Dashed Yellow - Force generated from the flow through the check shim.
Long Dashed Green - Combined forces of midvalve ports and check shim. The flow path is in series so the forces add directly together.
Total Damper Response
Solid Purple - Total damper force. This puts the midvalve in series with the basevalve and the forces are added. As
A few notables here in this hypothetical situation.
1. The midvalve force doesn't overcome the basevalve force until ~4 m/s, but the midvalve has already started having a signifigant impact by 2m/s.
2. Despite the LSC adjuster "choking" at a low speed, it will still soften the basevalve damping at speeds well above there. If LSC bypass flow is high enough, it can mask the basevalve response completely, but the midvalve still adds on top of it and can still dominate the total response. However, without the basevalve pressure, the system can cavitate on the backside of the mid-valve, then all of this goes out the window.