Resetting peaks by clicking on the Peak Indicator (just above the level meter in the Master Section) now works again, yippee! Perhaps a trivial issue, but I was very accustomed to using this on WL6, it seemed very intuitive, but got lost somewhere in the WL6->WL7 re-write. I think I may have whined about this in a long-forgotten post, but clearly PG did not forget this, and for this I am extremely appreciative! This, my friends – such little touches – is what makes WaveLab the best audio editing environment in the world.
Merci beaucoup, PG!