Hi. I just used the latest installer for Volcano 3, and there are no presets.
Normally, a FabFilter plug-in will install its factory presets automatically when you run it for the first time. If the plug-in has failed to do so, and you only see an empty preset menu, please check the following:
First of all, open the plug-in in your DAW, click on the (empty) preset menu button and choose Options > Restore Factory Presets.
If this doesn't work, there is probably a permissions issue that prevents the plug-in from installing the factory presets. Open Finder and navigate to the /Users/<your user name>/Library/Audio folder, select the Presets folder and press Cmd+I. In the Sharing & Permissions section at the bottom, make sure you have 'Read & Write' permissions.
After you've corrected the permissions, open the plug-in again and choose Options > Restore Factory Presets again if needed. All presets should now be available.
Since OS X 10.7 (Lion), the user Library folder is marked as hidden by default. To make it visible again in Finder, open Terminal (found in /Applications/Utilities) and enter: chflags nohidden ~/Library
If after this the presets still do not appear, you can install them manually. You can download them here:
After downloading, please unzip and move them to the following folder:
Windows: My Documents\FabFilter\
If there is no such folder in the above location, please create one manually. Please note the 2 capital F's in FabFilter.
After this, reopen your DAW and they should appear in your plug-in.
Please let me know if this resolves your issue.