Trying the new Text-Based Editing in 23.4.
However, it does not appear to be working correctly... or at all.
I have a clip on sequence that has been automatically transcribed. I can go to the "Transcript" window, and highlight text. I can right-click on the text and all options appear - Cut, Delete (Ripple), Delete, etc. When I choose "Cut", for example, the text does not cut in the "Transcript" window and no cut is made in the sequence.
Same issue if I load the clip in the "Source" panel. I can hightlight the text, right-click to show the "insert" and "overwrite" options, but neither function inserts the clip into the timeline.