It sounds like you did two MAIN things that could have had an effect.
1. Removed VST3 plugs
2. Removed old/unused plugs
If you want to nail down a bit more the exact cause (or help us figure it out too)...
Copy and save the new working layout under a new name. Now you can mess around without worrying about screwing up what works.
I'd start with VST3 plugs because I don't see why they would cause performance issues with the context-menu. So I 'assume' this would all go well :D
Start adding in VST3 plugs. Do a few, see if it works ok. Do more, etc etc. If it starts loading horribly again, remove them one by one and see if any of them bring performance back up.
If all goes well with VST3, it was definately an old/unused plugin. I assume by unused you mean 'uninstalled'. I had one of those that was causing this issue for me. ONE plugin was greyed out because I had uninstalled it but not removed in from my layout. I removed that and it fixed my woes :)
If ur like me, you won't do this until you are super bored cause stuff works right now haha