The Control Room is amazingly useful, and after a very flat learning curve is actually no harder to use than anything else in Cubase!
Here are some really nice references to get you started in the Control Room when you’re ready!
The most helpful functions in Control Room IMO:
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The Listen Bus. It is like a solo button, but allows you to hear the track with the rest of the mix volumed down by as much as you like. Wow!
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The Loudness Meter. This tells you exactly how loud your track is, using more meaningful measures than simply the “peak” loudness of the faders. It is equivalent to plugins that can cost more than $100 in other DAWs.
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Stereo to Mono switch. This could be done without the Control Room, but it would use up a plug-in slot. I used this all the time until I got an interface worth a hardware mono button.