Brush Presets (as represented in the Brush Presets Panel) are available for all painting Tools (Brush, Clone Stamp Tool, Eraser, …).
Tool Presets store Tool specific settings, so for the Brush Tool that would include Blend Mode, Opacity, Flow, …
Thanks for your reply. The brushes I use are all currently saved under Tool Presets, not in Brushes - I routinely save brushes there and open them from there - I never really use the Brushes palette at all. So going by what you said, that means the Tool Presets store tool specific settings (flow, opacity etc), as well as the brushes themselves. Is that correct?
So going by what you said, that means the Tool Presets store tool specific settings (flow, opacity etc), as well as the brushes themselves. Is that correct?
Brush Presets (see Brush Preset Panel, not just the Brush Panel) can be used by all painting Tools. Tool Presets refer to a specific Tool but can indeed hold a Brush tip that has been removed from the Brush Presets.
The tool presets also record the settings of the option bar,the brush panel, and the brush tip shape.
The Brush presets will record all the settings in the brush panel, and the brush tip shape.
The brush tip preset only records the shape of the tip.
All of the previous answers here are dated Oct of 2013. The following text is in a pop-up window when trying to import tool presets into the tool presets panel in version 19.1 CC 2018.
Import compatible tool presets as brush presets?
We recommend importing compatible tool presets as brush presets. Brush presets now contain all the functionality of tool presets, but with additional benefits such as stroke previews and the ability to organize into folders.