Basic features:
- Support for an unlimited number of audio tracks
- Audio tracks are all fully routable (multiple inputs, outputs)
- Volume, pan controls and envelopes per track
- Supports audio processing plug-ins (DirectX, DXi, VST, VSTi, and Jesusonic) with automation, easy chain manipulation and editing
- Pitch shifting and time stretching
- Fast, reasonable and usable Windows-style UI, working well on both low and high resolutions or multiple monitors
- ASIO, Kernel Streaming, WaveOut, and DirectSound support for playback and recording
- Reads WAV, OGG, MP3 and MIDI files, records WAV and MIDI files
- Can render to WAV, OGG, MP3 if lame is installed
- Full SMP support (can utilize 2 or more processors)
- Multi-layer undo/redo support
- Basic MIDI editing support
- User creatable color themes

Change Log - January 29 2007:
-track template support (you can save and load track templates of one or more tracks)
-inserting tracks inserts at top if last clicked track was the first
-pasting tracks pastes at last selected track, selects pasted tracks
-pitch shifting is now limited to 5 octaves to avoid hangs/crashes
-.wav writing: 8 bit PCM support, 64 bit float support, options to disable BWF and W64 writing
-fixed js config preservation with no jesusonic dll installed
-removed xp theming of envelope/routing checkboxes so they are more readable with reaper themes
-midi editor: removed xp theming of checkboxes
-metronome: action for setting volume via MIDI CC
-metronome: hardware output chooser (if no outputs are set, metronome goes to master outputs)
-vst: fix for synths that report they send midi events and do not
-vst: updates to uad-antimunch mode (note: most UAD users will likely not want to use this mode anyway)
-reafir: opengl acceleration for is off by default
-reafir: fix for crashy opengl drivers
-installer: upgraded to newer NSIS