Sonic Foundry introduces Vegas Pro
www.hitsquad.com/smm/news/9906_112

Technologically-advanced multitrack media editing system. With VegasTM Pro you can mix file properties, bit depths, and sampling rates, all on a single track without many confusing dialog boxes. You can edit during playback, perform non-destructive crossfade edits, and run multiple simultaneous plug-in effects, all in real time. Download a fully-functional sneak-preview version of Sonic Foundry VegasTM Pro in a beta release. It's available at the Sonic Foundry site:
www.sonicfoundry.com