jwdsipl,
I don't have VMStudio 9, but check if you see that option in Tools / Audio (or right-click the event).
For more tracks, you need to upgrade. VMStudio HD 11 Platinum gives you 10 tracks and also has the plug-in icon that Steve Grisetti mentions. Download and install the free 15-day trial to see if it does what you want better.
I think real-time Audio FX were added only in very recent versions of Vegas (VMS and Pro). Before that, you had to apply "non-real-time fx" by right clicking on the audio event, adding the FX, trying them out, then rendering a new copy of the audio file -- which I think gets added as a take to that event.
So in older versions of Vegas, I don't think you could apply event-level real time FX. You had to apply a non-real-time FX and actually render a new file -- though that was done from within the Audio FX dialogue, I think.
I could be wrong about this -- this is all from memory and I'm not at a computer with Vegas (any version) installed.
yep that was it!
thanks!
btw, you wouldn't happen to know how crop movie events so that they're curved. like if you wanted to supper impose a clip of some one in a window that had a vase sort of infront of it, for example, how would you do that so its not just a square. O.o