An load balanced interconnect between a master device and slave devices, having a buffer coupling the master to the slave devices, and queuing access requests from the master to respective ones of the slaves. A load condition of the buffer is detected, a bypass buffer coupling the master to one or more of the slave devices is established, and access requests are moved from the buffer to the bypass buffer to change the load condition. Optionally a condition of slave devices is detected, and optionally the condition of the slave devices is changed by moving or reordering access requests in and among the buffer and the bypass buffer.