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mistercharlie wrote:
My question is, what “preset” is used for the newly-selected algorithm? I know no actual preset is loaded, so what determines where the knobs are positioned when loading the basic algorithm like this?

Actually, a preset is loaded.  We created a default preset for each algorithm.  

I remember that the Space algorithms all already had decent default presets, i.e. first preset for the algorithms has the same name as the algorithm and is a good representation of what that algorithm does…  I think for some of the other algorithms we might have created default presets…