The goal of a workspace preset is to allow users to save a "snapshot" of their workspace: by default, a preset created via the Workspace Inspector will save the state of every layer, plugin, and UI item that currently exists so they can be recreated (triggered) later. The "Presets" tab of the Workspace Inspector displays the interface for creating, updating, managing, restoring these top-level presets.
The project file created for this tutorial can be downloaded here.
Also in this series - An in depth look at Workspace Presets (video tutorial + notes)
Step 1: Create a setup that you'll want to reload later. Use the Workspace Inspector to add layers, plugins, assign data-sources, FX and position windows where they work best.
Tip: If you aren't sure where to started for a new project try using one of the examples in the Templates menu.
Step 2: Switch to the 'Presets' tab in the 'Workspace Inspector' then click the 'New' button to create a preset of your setup.
The newly created snapshot will be called 'Preset 1' and will appear in the list with a thumbnail of the output.
Step 3: Modify the workspace by adding/removing layers and plugins to create a new setup, then click the 'New' button again.
Tip: After making changes to your setup you can use the 'Update' button to overwrite an existing Workspace Preset in your project.
Step 4: Click on the thumbnails of the presets created in steps 2 & 3 to restore their layers, plugins, and window arrangements.
Tip: Data-sources including keyboard presses and MIDI notes can be used to switch to specific presets.