The Fluval doesn't have any foam or floss in the media baskets. It has 4 rectangular foam pads that run the length of the filter from top to bottom and is inserted perpendicular to the media baskets.
That actually started with the "04" series of Fluval canisters. The "00-03" series of Fluval canisters had foam sponges inside the media baskets and a round canister. The "02" series used a single large sponge on the top. The "03" series split it into two sponges.
I think the whole issue of filter bypass is a red herring. If filters had zero bypass they would clog up so quickly as to be nearly useless. When the truth is that some bypass occurs with every filter. Water will channel and find a path of least resistance all the time.
In reality, our aquariums are recirculating systems and the water (however you want to subset it (milliliter, molecule, etc...) will pass through the filter multiple times per day so that at least at some point the subset of water will come into contact with filter media through the course of a day.
The filter media doesn't have to touch the water subset every pass to maintain water quality.
Andy