How to toggle between default sound device using hotkey

Edit: See second post. Found script for AutoHotKey but not sure how to compile or use it ? Also when ever I plug a USB device in it changes default sound device from Line 1 to SRS.. I usually plug my Smartphone on for charge every day using USB so it gets annoying.

I'm using two audio enhancement plug-ins SRS Audio Sandbox & Breakaway Audio Enhancer. SRS uses Realtek HD Audio Output while breakaway uses SRS Audio Sandbox and when I load my computer for the first time SRS automatically sets SRS Audio Sandbox (WDM) as the default sound device meaning each time I have to open playback devices and change the default sound device back to Line 1 (Breakaway Pipeline) in order for the sound to work.

There seems to be no way to disable SRS from changing the sound device when it starts/loads for the first time so is their a way I can a hotkey shortcut key to simply change default sound device to Line 1 ?

Audio Device: Breakaway
Input > Breakaway Pipeline 1
Output > SRS Audio Sandbox


Audio Device: SRS Audio Sandbox
Input > SAS is the default sound card
Output > Realtek HD Audio Output

Thanks

Source:
Windows 7 Tip: How to change the default audio device with a hotkey

Windows Vista and 7 have a new audio subsystem, with lots of neat features. It is not, however, without its quirks. One such quirk is the inability to automatically change the default audio device; you must do it manually.
This means that if you have both headphones and speakers plugged into your computer, whenever you want to pipe all sound through the headphones you must right-click the volume icon, select Playback devices, go to the device you wish to set as default, right-click it, and select Set as Default Device. Sounds like fun, right? Now try doing this 5-6 times a day.
Incredibly enough, I could find no command-line utilities to automate this simple operation. I thought I might build something myself, so I started digging deeper. It turns out Microsoft seems to have done this by design; they wanted to prevent programs from changing the default audio device on users, because this can lead to a very bad experience (imagine a game which suddenly changes the audio to the speakers, when you wanted to listen to it using your earbuds).
I did try a couple of utilities which claimed to do this, but they were really bad. At this point, I did what I do every time the going gets rough: I turned to AutoHotkey. This amazing free automation program has a solution for just about anything, and indeed, AHK user Veabers already created the exact script I wanted in 14 elegant lines of code. This script toggles between two audio devices in about half a second on my system. Just hit Win+Shift+A, and you switch to the other device. Here's the whole thing:

#+a::
Run, mmsys.cpl
WinWait,Sound
ControlSend,SysListView321,{Down}
ControlGet, isEnabled, Enabled,,&Set Default
if(!isEnabled)
{
ControlSend,SysListView321,{Down 2}
}
ControlClick,&Set Default
ControlClick,OK
WinWaitClose
SoundPlay, *-1
return

Voila! The only thing I changed was the default key-binding, because the author's default did not work for me.

ok people, here is my modded script to toggle between devices. it is an .exe file. this means you have to click on the .exe file to switch the default audio device. HOWEVER, all you have to do is place the .exe file in some folder like documents, than create a shortcut for it. you can than place the shortcut anywhere you like. I put it on my desktop. you can can assign a key stoke to launch it. I did Ctrl+Alt+C to launch it and have it switch it automatically. you also can change the icon of it too.

NOTE: this is an .exe file. so the ONLY way to activate it is to click on it. UNLESS you created a keyboard shortcut.

just so you guys know, I used a similar script like the one above and created it into an .exe file with the program used above. The .exe compared to the actual program is that you do not need to have the program constantly running and boot up with windows for this hotkey to work.

I chose Ctrl+Alt+C because I have Ctrl+Alt+Z and Ctrl+Alt+X used to switch between active power plans. heres the .exe. Enjoy!

I tried this (Noober's program) but all it does is open the Playback devices window then close it, but the same device stays selected instead of switching devices. Any ideas?

I'm using the Audio Switcher program now, so far seems to work pretty well, just wish a hotkey could be set to cycle through the favorites.