For some reason a project I have been working on for months has not been working properly since yesterday.
It would eat up all available memory (16GB RAM) whenever a clip was selected, as seen through Task Manager.
While testing with new projects, I have found that the FX feature does not work on a selected clips (video or image). Transitions do work. However, I have not encountered any memory problems with new projects which would only contain a few clips.
I have uninstalled and reinstalled 2 times.
Any help greatly appreciated.