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The way they're being processed in most cases is exactly the same - there may be some reverb plugins that are different but I haven't seen them. Most of the time these plugins are just adding a signal on top of the original signal - that's what reverb is! So you can always get the same effect using the sidechain as you can with the main signal path.
Delays can sometimes be different, but again, usually aren't. Sometimes I'll use a plugin like PSP84 and cut out all of the dry entirely, but those cases are few and far between. And even if I wanted only 20% dry, that would still be easily achievable with a send effect that's set louder in the mix than the original track - if I need to send over 0 dB, I just send to a group channel first, pump up that group, and resend it to the effect track.
If your only indication of whether or not something sounds different is the volume, then you're doing it wrong; you ought to be able to tell if two sounds playing at different volumes are in fact the same sound. Using an effect as an insert generally will not sound as loud as a send effect, because inserts reduce the dry amount going out (as stated earlier, something like a 50/50 dry/wet ratio is common, reverbs might be closer to 80/20), whereas a send effect is giving you 100% dry and however much "wet" you choose to make - assuming you set the send effect itself to be 100% wet, otherwise your output is going to end up as even more than 100% dry.
That's kind of confusing but I really don't have the patience right now to clean it up, so take it or leave it. 
P.S. Using an effect as an insert with 50/50 ratio, and using it as a send with a 0/100 ratio will produce the same sound, but at different volumes!
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