First, you can turn off the rubber bands for any tracks in the track header. There are 4 buttons in a square. The bottom right one allows you to hide the rubber bands - otherwise known as keyframes. This will also remove the drop down menu.
Also, only tracks that are large enough vertically to show the keyframes will give you that menu option. By default, this starts at just Video 1 and Audio 1 but those can be resized.
Thank you Greg! Live and learn!
To answer part part of the original question. Yes, I use the rubberbands in the timeline. Always have, since they added them anyway.
Mostly for volume and opacity.
There may be better ways to do those things, but it is the way I learned so until I am forced to change or I see a better way and have to change to speed things up, I will probably continue to do so.
I will echo Steven's comment, having found the "rubber bands" much quicker and more versatile for one thing I do hundreds of times a month -- fade promo sequences in and out. I can have a half dozen or more video tracks in a promo, and I copy/paste an existing black video with four opacity keyrames to the top video track of the sequence, which allows me to very quickly set duration and fade points.
A Dissolve on an Adjustment layer would do the same, Jerry. And might be easier.
I, too, use the rubber bands for the above reasons and also to compare keyframe placement when using multiple tracks.
I use the rubberbands for volume>levels quite often becuase it's an efficient way to ride the levels, but not much for the other fixed (on non-fixed) effects.
I use them for volume and opactiy a LOT, but one of our other editors turns them off so when we're passing pojects back and forth we're forever having to set them how each of us wants them! doh!
For me the envelopes are just a clunky interface, screwed up by even the
slightest slip of the hand. And the pull down menu is located exactly at
the edge of the clip - meaning I select THAT when I'm trying to adjust the
clip handles. Being able to turn these off is huge. It'd be nice if you
could toggle all tracks to be like that by default - but manually switching
envelopes off each time will do I guess.
For me, a faster, and more precise way of adjusting volume is to hotkey the
audio gain / volume adjust function to whatever button is convenient to you
on the keyboard. I personally set it to the "0" (zero) button, which places
it in prime location for my right hand. (I am a lefty).
To make the rubberbands less sensitive, you can hold cmd to slow down the speed of dragging. This is especially necessary for using with a wacom which is really awful with Premiere Pro. I will occasionally use the rubberbands for opacity or volume, but I too am annoyed by them sometimes. However, I am also annoyed by adjust volume or opacity in the effects control panel which has keyframes set by default. Stupid.
I am also annoyed that you can't change the setting for what type of rubberband shows by track. It makes editing keyframes in the timeline more or less useless. If I want to see position keyframes for 100 clips on the same track, I have to change the setting 100 times. Much easier at that point to do it in the Effects control window.
I am with you on this. I never use those rubberbands, and actually turn them off, so no more mis-clicks.
I like working in the Effects Control Panel myself.
However, many users seem to like the Clip Keyframing technique, but I am just not one of those.
The reason I like working with them in the track is that I can view lots of 'time' much easier than I can in the effects panel, and when you're editing events that can last up to 3 or 4 hours from multiple cameas and audio sources that's a major plus.
I can't think of a single instance where I've moved the opacilty or volume 'by-mistake'. Maybe I just click in different places