Are you looking for Presets or .CYC (Cyclone project) files? I haven't used Cyclone in quite a while, but I just tried it out, and it seems to work fine. I can point to any folder I want in the Loop bin, and also save and reload any .CYC files. Never tried saving VST generic presets (.fxp) or banks (.fxb) which, IMO, would not be very useful in this particular case.