From what i can see here: the Metro FX loop has to be used to give you back the FX loop you are basically going to rob from the Headfirst Mod and it taking away your FX loop preamp tube. So the factory loop seems to be null and void after the Headfirst mod.
As far as the Metro Loop fitting into the same slots as the existing one? Not sure, would have to look at it and the input hole requirements compared to whats there now. The Metro Loop though doesnt need its own tube as it taps out of the PI inputs. Kinda going by the design of older Marshalls like the JTM45, 1959,1987,JMP and JCM800s where a loop didnt exist to begin with