I use this feature to capture UAD plugin settings. UAD preset file housekeeping leaves a lot to be desired, most importantly after a reboot the Console apps preset browser doesn’t display the name of the preset in use for running plugins. UAD acknowledges this as a shortcoming but low priority, along with their update installer locking all user presets. Plenty of practice required hacking permission settings in your user libs...
iMac15,1, Core i7, 4 GHz, Memory: 32 GB
macOS 10.13.6 (17G5019) Boot drive Available: 990 GB
Logic Pro X 10.4.6, UAD Apollo 8p Thunderbolt 2 audio interface plugins v. 9.6.1
libraries and projects on two SSD RAID 2TB drives USB 3.0 bus
Kontrol S49, Komplete 12 Ultimate Collector's Ed., EastWest Symphony Orchestra Diamond, Serge Modular synth