From the release notes of 7.04, I note the following:-
Mute VariAudio segments
In Pitch & Warp mode, each VariAudio segment includes a
mute (X) symbol now. With this symbol, you can mute
individual note segments. The mute state can also be applied
for multiple selected notes via the mute key command
[Alt+M].
Am I going mad? Can anyone PLEASE tell me where the (x) symbol is supposed to be? I’ve looked - even with my glasses on (vanity begone 
) and have failed to find it.
Any help would be gratefully received.
bottom center of the selected event.
I need better glasses. many thanks, thinkingcap.
Just updated to Cubase 7.05 and my 1st visit to Pitch and Warp. My “x” is at the center bottom.
I’m not able to get Audio after I Pitch and Warp! 
I’ve used P&W in Cubase 5 and never a problem.
My thinking is, maybe the “x” is related to my missing Audio. BTW, I’ve clicked on the “x” and C7.05 tells me it’s Mute/UnMute and I get the shaded Mute color/active color- but no audio. Any ideas would be great?
-MoBuc
Found my problem: I had no audio because “Control Room” was armed/active in the Studio Tab of the Device Connections feature. 