You show an image of Analog Lab. Please show the menu from a individual application. Perhaps the "New Preset" are in them afterall?
Analog Lab is the only application in V-Collection that does'nt have a "New Preset" ("New Preset" is the "Default" preset in the browsers).
When you open all other applications outside Analog Lab, then you have the "New Preset" option in the applications main menu.
A "New Preset" in Analog Lab would be a totally empty preset. From there it would be the same as now. I don't mind the option, but it's just an extra step, in a workflow like Analog Labs.
Each applications default preset is also available in ALVs preset browser.