To reset VST Host's setting (so you can start foobar2000), go to
C:\Documents and Settings\All Users\Application Data
and delete GeorgeYohngVST.ini
The best way is to not use VST Host to store your effect chain, but instead use it to load
a proper chainer VST (Acon EffectChainer,
EffectChainer - Effect Rack - Chain VST and DirectX Effects
FREE) which is easier to work with and easier to fix if messed up and easier to save different preset and... you get the picture.
The EQ I recommend is IIEQPro by DDMF (
**** DDMF-The home of Equalizers-DDMF ****),
this EQ and additional VST plugins on that site can be had for next to nothing (51 cents!
If that's what you want to pay) and the delay is pretty low. Electri-Q, especially the full
version, is extremely flexible but there are many reports of bugs and crashes, though keep using it
if it works for you
As for the difference between less expensive and more expensive digital
EQs, there's debate nearly everywhere so google it will give you an better explanation, however,
both Algorithmix (Red, Orange and Blue EQ) and Refined Audiometrics (Plpar EQ and lesser/less
cpu intensive versions) offer time limited demos, give them a try especially on steep resonances
that requires a high Q to minimize distortion on surrounding frequencies, but use them with ASIO
and the biggest buffer size as they introduce significant delays).