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BEST OVERALL VST(s) FOR PROCESSING 'LIVE' GUITAR?

Greetings Folks!

I'm an intermediate level guitarist and home studio hobbyist with a boatload of great gear including a firewire-based mixing board to a Mac Pro with Garageband and Logic Express, but I'm completely new to recording, so I've got a few basic 'newb' questions for the membership here regarding VSTs for guitar.

Gain Staging for ITB Mixing with Daw software

Hello everyone!
My name is Martin, first post here after reading lots of great information on here.
Many threads on here mention about "Proper Gain Staging" and I'm sorry but I don't know what that is?
Could someone please explain in detail how exactly you properly gain stage using Cubase 6?

Thank you everyone, hope you're all enjoying the new year!