Part 3 of the series "Ableton Live insider tips" deals with two other commands that you can add to the Options.txt file that will make working with VST plugins much easier. Particularly the automation of their parameters.
Download the Options.txt file with the commands from all the video tutorials (Right-click and choose Save Link as) Don't forget to only keep either -NoAutoArming or -EnableArmOnSelection as they conflict with each other.
Questions or suggestions for this tutorial? Then write me a comment.