Your not misreading. VST has stereo and mono because somethings just need mono (For example a kick drum you just throw a mono plugin compressor and eq and save

Your not misreading. VST has stereo and mono because somethings just need mono (For example a kick drum you just throw a mono plugin compressor and eq and save the head space). Every cycle you can save is important if you have anything besides a simple project. In fact when I master a lot of times I throw two mono plug ins on left and right just to get a better idea whats going on in each channel. There is a ton you can do with them.