I have "the old" Noise reduction 2.0h too and it is a 32 bit plug-in only.
As Vegas 12 is a 64 bit program only, they will not work together.
Vegas Pro 12 is supposed to come with an updated to 64 bit Noise reduction plug-in, but AFAIK such things are normally not distributed with trial versions - so if you have not got and installed the paid version of 12 that is probably the explanation.
I just installed the paid version of Vegas 12 Pro and none of the announced 64-bit noise reduction tools (Audio Restoration, Click and Crackle Removal, Clipped Peak Restoration, and Noise Reduction) were installed. :-(
I don't know about the manual but, here's what the Vegas 12 Pro software features show:
" New! 64-bit audio plug-ins
Previously, a number of Sound Forge Pro 32-bit plug-ins did not work in Vegas Pro 64-bit versions. These plug-ins have been re-written for 64-bit and are now compatible with Vegas Pro 12. The updated plug-ins include the four Noise Reduction 2.0 plug-ins (Audio Restoration, Click and Crackle Removal, Clipped Peak Restoration, and Noise Reduction), along with Acoustic Mirror, Zplane élastique Pro timestretch, and Wave Hammer. "
Yeah, I read that as well. But it really doesn't answer the question. Am I being set up for an additional $200 charge for NEW rewritten plug-ins? Will I get a free upgrade since I already own v2.0h? Or are they included with Pro v12?
The 64-bit NR 2.0 update will be a separate install and hasn't had the very final approval yet. Soon.
Also the final approval for the 64-bit Sound Forge plug-ins (Wave Wammer, Acoustic Mirror...) will be soon but I don't know when.
Yes elastique was a plugin in VP9, VP10 & VP11... it could be inserted into Track or Clip, and is different to the Clip Timestretch interface (which does appear in VP12) in that within its neat little interface we could manipulate both Pitch and Time separately or together, and control Formants:
@cityanimal: pls. see SonySCS's answer some 6-7 posts above.
@WillemT: Only 64 bit versions? - interesting - here I use only 32 bit versions (of Vegas 11) and - besides having all the plug-ins incl. the always surprisingly good NoiseReduction - my Vegas is bedrock stable (use it several hours a day with full HD AVCHD plus other formats)
It seems that the recent 32 bit versions do not have any restraints or limits as to project size etc - but they just do it all.
They actually keep making me forget to save regularly because there is no reason for it - as long as I keep away from playing with some large JPGs and some probably not quite standard mp3's .