Ah, I would absolutely upgrade from the PD VST to the full Stereo Tool app/plugin. I can't imagine why your license wouldn't work on the old version of the PD VST (3.01). The Thimeo VSTs don't need to be installed or uninstalled outside of placing them in the correct folders.
The Stereo Tool standalone app doesn't even need to work as a plugin to enjoy processed audio in realtime, so you may end up skipping the use of Audacity if you aren't trying to process a library of music. And if you are, I would recommend trying the WatchCat app for file-based processing once you familiarize yourself with ST a little bit.
You will need a virtual audio device such as VBcable and set it as your Windows playback device. In the Stereo Tool standalone app, set the first input as that same VBcable; then HD output to your speakers/headphones. After this, you can click the > button by HD Output and reduce the delay. You should be ready to process music at this point.
From here you would expand the Repair entry to find the declipper.
edit: For images, it's probably most effective to use imgur and embed it with the forum code.
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