Sonalksis has released FreeG, an intuitive tool that can be used for a variety of applications to increase the control and flexibility of the signal flow in the insert chain of the host.
A quick guide (.pdf format) is available explaining all the features of FreeG.
FreeG is available as VST and RTAS for both Windows and Mac OSX, and AU format for Mac OSX as well.
Visit Sonalksis for more information and download links.