Ray is a singer/dancer in the girls act. It is also inferred that he and Buddy might have a relationship.
I saw the show last night (Friday, 11/

and I have to say I wasn't as impressed as some of the others who have seen the show.
I did not find Manoel Felciano a good fit for the role of Terry, and for me, Private Conversation was the least enjoyable moment in the show.
As reported above, the Jake was in serious vocal duress, at least I hope he was. Even so, I felt like he was a weak link in the cast.
I thought the songs were fine, most of them forgettable, although I agree with the above poster who said Sideshow was very well constructed and performed. Also agree that the Houdini song was entirely pointless although sung exquisitely.
I also have to put out there I really hated the staging of 1+1=3.
******SPOILER ALERT
Buddy comes out and performs the beginning as a song a dance routine, then a bed unit and the ensemble dressed in gold shining cherub/cupid costumes come out and dance while Buddy disappears into the bed unit. The two girls and Buddy then appear topless popping up from behind the bed insinuating sexual innuendo that seemed more apropos for the middle of "Two Ladies" from Cabaret. Towards the end of the song Ray, who I mentioned above, pops out and says some line about well if you like 3, why not four and they continue the song in popping up and down behind the unit in various positions including a suggestive one with Ray and Buddy.
*****END SPOILER
I know they were trying to play up the whole Buddy is gay subplot in this revival, but like so much of Side Show they to strongly hit the nail on the head when trying to hammer home the point.
SPOILER ALERT
In the final scene Daisy actually tells Buddy that he can't fool her and she knows and "that at least he can hide what makes him different"
*****END SPOILER
During the curtain speech it was said that changes were implemented earlier in the day so I hope changes will continue to be made. I'm going to try to get back down from LA sometime before it closes in December to see how the actors have sat into the roles and what other changes may have been made.