i think the mic sounds really flat. but, thats a good thing for recording. the biggest draw back for you is that, you really have to be on top of it for it to pick up anything. 3" away from the mic, and it barely picks up anything. as an overheard, i don't think it will do much good. i don;t know, maybe thats just me... i havne't used it very much to be honest.
try going to devices- device setup
and in the VST audio bay, make sure your tool is selected in the top right menu