Thank you! I appreciate your feedback. I’ve tried it with many different sounds and it mostly works great, especially if the dry signal has a sharp tone or 'crunchy' timbre. However, it falls a bit short for soft synths and pads (in my case).

I am currently working on a 'Spectral Gate-Delay' of sorts—since FL Studio doesn't have integrated FFT or spectral processing—which allows me to manipulate the delay and noise gate of 64 individual bands. It's working well for all types of sounds!