never noticed that ... nice thingy .... combines the most important stuff off all 3 apps EAX console Surrmixer and speaker settings + you can set decoder settings ... never seen this before

Yeah Laboraffe, it is very similar to the Audio Control Panel applet. The layout is slightly different, but does everything that the control panel does. Maybe the speaker settings might save on a reboot instead of me having to keep selecting 5.1 setup every reboot. :)

Strange, Creative making peoples lives easier by combining several applets into 1.

Well until now I was using ctpanel.exe, a small all in one old creative utility which worked fine in audigy 2. Maybe I will try this one to see whats new.