I don't see how to factory reset the HD500. Is the only way to re-flash via USB and tell it not to save the presets?
I have the HD400 and to perform a factory reset you hold down the A footswitch while powering on, and follow the prompts. I expect the HD500 is the same.
The HD500 doesn't have a hard reset on the unit. You'll need to reinstall the flash memory in Monkey to reset it back to factory.
You may also want to save a bundle file immediately after you do this so you can use that in future instead of waiting through the long reflash procedure.
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