Teaboy is a online service that allows you to document your recording studio projects using an online database and real images of your audio gear. Instead of using pencil and paper to draw your outboard gear settings, you can use real images that can be adjusted the same way you would with a plugin on a DAW. Maybe you prefer the mechanical drawings beause they are easier to read? No problem. Teaboy can switch views between real images of your gear and a mechanical drawing of your gear.
One of the downsides to using pencil and paper is that every time you start a new project you have to re-document everything from scratch even if you don't change everything. With Teaboy, when you start a new project, you can use your last one as a starting point. This means that instead of having to redo everything, you need only document the knobs, switches, etc that have changed since your previous project. This can literally save hours of time.
How about digital gear like your lexicon 480L? Sure it can store presets, but are you going to store a preset for every single project? You can just document the preset used and hope that it hasn't been modified by someone else inbetween visits, or you can write down all 100 or so parameters. With Teaboy you need only select the preset by name form the preset menu and all the parameters and settings are automatically documented for you! If you make adjustments, then you need only document the few changes you made and not the entire patch.
Since everything is stored in an online database, you can travel from place to place and always have access to your documents from anywhere. With the pencil and paper method, you have to worry about keeping them with you, which can be difficult if you have worked on 1000s of projects. And they can always get lost or damaged. With Teaboy, this is no longer a problem as you simply log into your account from anywhere.