Anyone here using Pro Tools or Adobe Audition?
I'm still using my ancient copy of Cool Edit Pro, the last version before it became Adobe Audition. Does what I need, although since I haven't used any newer audio tools I don't know what I'm missing. It's mostly a step up from Audacity, although the latter had a somewhat better envelope tool than CEP. I mentioned this to a podcast editor who's using Pro Tools and confirmed it's a huge step up from Audacity, which he also used to use. That podcast does very complex audio editing, weaving in lots of background stuff, quick cuts to seamlessly weave together narrative and interviews. It could be done in something like Audition, but Pro Tools is probably better for that.
CEP has been the best all around tool I've found for PC to record off-air from the receiver's direct out port. Pretty decent noise reduction filters too for making off-air shortwave recordings a bit less painful when QRN and RFI are a problem. I've tried many other narrow purpose tools but none did everything CEP does, and CEP is remarkably low resource even on an older Windows PC. Several years ago I was able to run CEP on a Windows ME Pentium III with only 512MB RAM and still run multiple browser windows, an IRC client, MMSSTV and a few other things without crashing. Meanwhile Audiograbber, which was much less versatile, routinely crashed my PC. mp3DirectCut was okay for off-air recording and stable, but not nearly as versatile as CEP.
It's also been good for editing and mixing other audio for personal playlists for mixtapes. CEP has better dynamic range controls than anything I've found for WinAmp. Thought about using it to create podcasts but that project has been on the back burner for awhile.