I'm getting "New Feature available! This function is available after updating . . ." when trying to use insert on Timeline or Add to Project Media." Otherwise, I can download into project media. Using version 300, not sure what I need to upgrade to. I have an active subscription.
Resetting Vegas 21 with prefs reset solved the issue. It seems Vegas Hub isn't getting the message about being updated for some users.
I just ran into the same thing. What'd you do to "reset Vegas 21 with prefs reset"? Are you talking about the launch holding down Shift Key thing (or whatever that key combo is)? I don't love the idea of having to reset things after ;-/