Thank you so much for your prompt response regarding this manner. I downloaded the new version on your link. Here is a list of improvements that I experienced:
1.-Accurate response on the preset knob.
3.-Able to save on the fly.
List of setbacks:
1.-Overloading of CPU meter.
2.-Sudden audio clipping and shut down.
3.-Same slow reaction time on rest of knobs.
Unfortunately I am going to have to revert back to the old version do to the overload on the CPU