Just noticed the 4.0e update - haven't seen mention of it here - no earthshaking changes - looks like a few bug fixes. Nothing critical on the horizon for me - I'll load it up and see what happens.
For me, bug fixes most certainly fall into the catagory of "critical" - at least in terms of the audio side of Vegas. Because of the bug reports on this forum, I didn't even bother installing Vegas 4 until the latest update which I'm sure saved me a lot of frustration as a result. ;-)