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To the best of my knowledge, the only tweaking you can 'record' live is the volume using the sliders in the Mixer pane. Effects can be manipulated often directly in the sequence, bot more easily in the Effects Control Panel. I don't think you can 'record' changes to effects. In fact making a change to any effect, video or audio, has a tendency to stop playback.
Thanks, Jim. How about non-live editing of FX automation though? What methods are available in this case, can I create and tweak envelopes in the timeline?
When you have Cubase you can also render a version of the video in Premiere-Pro and import the video in Cubase and put it on a video track.
That way you are much more flexible, because now you have your video in Cubase and can use all features of Cubase including
Ah, it hadn't occurred to me to do it that way around. I'm currently using Reaper though, I don't think I'll be reinstalling Cubase anytime soon (I have an old version lying around). It seems like Reaper has some video editing capabilities, thankfully.
Is that to say that I can't automate VST parameters in Premiere, or is it severely crippled in this regard?