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Welcome Ucat,
unless something is wrong, Stereo Tool should always start up with the settings that were active when it was closed. So you shouldn't need to do anything. (The NAME of the preset is no longer displayed though!).
confirm, when closed the "stereo tool", start always with default setting!
are many years that I use this tool,and to be honest the latest version no i like ! i still the version 5.02 with this version "5.02" in fm working very well.
I always work with (hard compression/Pop/rock)