The installer will ask for folders for the 32-bit and 64-bit VSTs. It defaulted to my standard folders. I'm running 64-bit (can't not install the 32-bit; meh) and this is what I wound up with:
VST 2 Plugins 64-bit: c:\program files\vstplugins\
The installer also places copies of the .DLL files in: c:\program files\applied acoustic systems\vst plug-ins\
The installer also creates:
C:\Program Files (x86)\Applied Acoustics Systems\Lounge Lizard Session 4
C:\Program Files (x86)\Applied Acoustics Systems\Strum Session 2
C:\Program Files (x86)\Applied Acoustics Systems\Ultra Analog Session 2
It places BOTH the 32-bit and 64-bit standalone apps in appropriate subfolders. To create desktop icons, navigate to the appropriate subfolder, for example:
C:\Program Files (x86)\Applied Acoustics Systems\Lounge Lizard Session 4\bin64
right-click on the .EXE file and select Create Shortcut. Windows won't let you create a shortcut in that folder and pops up a message asking if you want it on the Desktop. Bingo!
Do that for all three.
One excellent thing about downloading via the email was that all 3 Session apps showed up in my AAS account, and were already authorized when the installation finished. Zero extra effort.
I have the Modelling Collection (I got converted to that when I bought Objec Delay; I had all the others), but added the Session VIs just because I paid for them through my SPlat purchase.