Vegas is primarily for video editing, but it's great for multitracking too.
Version 7 is due in English in late September, with foreign language versions to follow...
Poorly Projected Pictures
I switched back to Cakewalk when they released Sonar 2 and Sonic Foundry started focusing on video, but Vegas holds a dear place in my heart -- slickest multitrack interface ever. Yay Sony for keeping it alive...maybe I'll download a v7 demo.