After selecting the Text option, I get the gray box that drops down to the time line. When I click on the edit botton inside the grey box
to enter Text. I can see the edit box drop all the way down to the bottom of the screen (out of site). The same thing happens when I choose the Fx option, the area were you make the changes in the Fx drops to the bottom of the screen (out of site).

I've tried everything even resetting Vegas 5 to factory setting's and
I still have the same problem.

If I reload Vegas 5 will I need to reload all of my plug-ins and scipts?