Overpowered? Not really sure what you mean by that, but one guess is to check is the equalizer. If enabled, and you have positive gain on any band, try putting the same amount of negative gain on the precut. Also check the ReplayGain pre-amp (if you use ReplayGain), and make sure it isn't above zero. Other than that, start with the default settings; they should sound fine.
As for what the options do, check out the manual; you can find a link to it on the left.