There is no noise gate in a 6505+
That whole series of amps is noisy. The lead channel just has gain out the wazzoo.
When I had one, I ran an NS-2 as a gate in the FX loop of my 6505. It sounded terrible. The amp generated enough hiss to keep the gate just about open and all my notes decayed really weirdly. After that I just used it in front of the amp. It stopped instant feedback at loud volumes by cutting the guitar signal (and anything before it) going into the amp, including low level hiss from pedals, but that is all. I did have friends that ran it in the X-pattern thing but I could never get that to work for me either.
In my experience, pedals generate a bit of hiss, but usually only in a bad way if you're running them from a poor AC adapter. I doubt the decimator is acting as much of a filter, and more as a gate. The noise coring circuit in peavey amps pop in what was the XXX and the JSX, but not in the 5150 style amps as far as I know. They might have one in the EL34 thing you have though.
I find the hiss in those amps really annoying. That said, a lot of people love those amps. I have a 5150 II on my table here that I'm repairing for a friend, and it's making me want to buy one.