Beepster - Try using gentle compression with the make-up gain increased (but
not clipping) before the saturation and you'll notice a big difference.
You'll find you won't need to be dialling it in at 10-11 o'clock, more like 8 or 9.
Have a play and see what you think =)
Sharke - You're spot on, chain order will make a massive difference.
For example on a guitar track, rolling off the high frequencies with a LPF before
any saturation will result in a more controlled sound.
So the chain could be - Compressor, EQ, Saturation.
Hope this helps! =)