In addition to the 21 Factory presets, there are also 263 Template presets. If you click on the 'Template' section when you open the preset menu you will see those... there are a bunch of templates based around different types of sounds, including drums, synth envelope controls, leads, multi-sync, noise, etc. A bunch of setups for different types of sounds you are looking to get. Each of the Macros and X/Y controls on every preset provides a very wide range of manipulation for the sounds, so it is worth turning the knobs to get a feel for the variation you can get with each preset. Those controls are also automate-able... even though there is not a full editor, there is a lot of variety and sonic control there. Not to mention, the ability to setup shapes, phase, segment volumes, etc in the Wave Ring section.
Also, once you have the knobs setup in a way that you like, along with the Arpegiator and Tempo, you can save that setup to our User section, just hit the Floppy Disk icon and you have a save menu there.
I am sorry to hear this is your initial experience with Waverazor, and I am also sad to hear you didn't take advantage of the 30-day free demo to find out what it was all about before spending money on it.
Had we felt it was useless in it's current state, we would have never released it, so clearly I don't share that opinion, but I am also curious what it is that has been making Waverazor useless for your situation?
Warmest Regards, - Rob