Does Smart midi saving works for all Instruments on board and VST plugins?

Does Smart midi saving works for all Instruments on board and VST plugins ?

Smart Midi is a special Amped Studio feature that allows users to save Midi clips with all Instruments and all devices that are added to the particular track, so the saved clip can be used later and played with the instrument and Fx settings as when it was saved. Smart Midi is saved in Library/My Files , just drag and drop on the Track to the arrangement for use.