INTERNET Co. has released MS EQ COMP a VST plug-in for Mac & Windows. This is what they have to say about it...
MS EQ COMP can encode standard STEREO (left/right) signal to MS (middle and side) and add EQ and Compressor separately to middle and side, also edit the volume and pan. The output signal is decoded to STEREO (left/right) finally. It helps you to correct the stereo image and the sound ambience of the whole music, or add the effects to the signal of the particular instruments (for example, drums, vocal, narration, etc) on MS basis.
Pricing and Availability:
2hp seem to keep packing a load of features into their tiny little modules