"dynamic link" is aimed at after effects, in Premiere you choose dynamic link from the file menu and you can then choose to import an after effects project and the changes you make in AE will auto update on the Ppro timeline.
To edit audio in audition right click on the audio clip and choose edit with audition, it is best to do this at the beginning of the ppro project, or export just the audio and edit that in audition and when the file is saved in audition the file auto updates your changes to the file in ppro.
Just to add, all of the production apps have got the "edit in" options hidden away in their menus and I personally find these very useful.
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Edius Pro 4 Broadcast, Edius DVX, ADVC300 -- PremPro 2.0, Matrox RT X100
Last edited by miwhel; 10-21-2006 at 06:51 AM.
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