This menu is discussed in the Plugin Right-click menu section.
Plugin Presets contextual menu
Loads a Gig Performer preset file (gpp.audiounit or gpp.vst).
Saves a Gig Performer gpp.audiounit or gpp.vst preset file. The preset is saved in a folder named for the plugin, which is in the folder ~/Documents/GPPluginPresets.
Import a VST preset file. FXP is an individual preset, FXB is a bank of presets. Not all VST plugins are compatible with the FXP/FXB format. Most of those that are compatible are audio plugins.
A bit of fun included for play. Randomizes widget values to generate random patches.
Some plugins include presets, most commonly factory presets. If a plugin has any such built-in presets, then will show up in this drop-down menu.
This command simply closes the menu.