Another tip, if using fx over the fx chnl ( F9 ), do yourself a favor, select the reverb's, delays etc in the send tabs (at the end, comes after chnl 16 ). After placing the send vst, simply go to the chnl you want to make "wet" and turn clockwise on the 1st knob of 4 knob ( vertical ) on the chnl strip. It takes less cpu and blends better with anything else you want to bus through it.
on topic, there's very little you cant do with the program. When you get to know it, I can only suggest you buy a registered copy when seeing the light.