yes it should work fine or with the same limitations of other NLE software. It is not accurate as a JL cooper device but it is less expensive. (ivsEdits is not offering yet any support for JL Cooper devices)
Good to know. Mine always worked great with the Velocity/Altitude systems. I've been in contact with the Contour Design people, who are actively working on a 64-bit driver, as the 32-bit implementation doesn't give stable Jog or Shuttle operation....