Not on my PC yet (so everything out of my old memory), but yes, it could load plugins with different settings/presets.
For Embody, I would suggest to save it as a plugin preset with hotkey enabled for activate/deactivate (i.e. SPACE on keyboard), and then just make an UIAssist button for loading it at the person.
You can then toggle it via SPACE.
Or make 2 plugin presets, one with Embody activated and one with deactivated and apply two UIAssist operations.
You'll get a hang of it, and with some work it saves you plenty of time. I think
@JayJayWon made a real good documentation of everything, care to read it!