Well, I was too soon with my conclusion too!
I've been struggling over the past few months, it especially occurs when I have 2 tracks of 30+ minutes 60fps1080p (even on the lowest preview resolution), I never get to see the transitions (its buffering stopping and passing it) as a preview, I always have to render the video before I can see my transitions.
In between the video (escpecially at a cut out part) the preview just stops and continues after 20 seconds and then skips a part going 5-10 seconds ahead of the video)
Sometimes, when I pause the preview, the sound just goes on, even if I completely stop the application the sound goes on for a while.
When I came back here, it really surprised me that I didn't see any progress in solving this issue.
So i'm sorry to tell you that you lost me as a customer (and for me I'm sorry that I payed for this application). I just bought CyberLink PowerDirector 15 just because of this problem in NCH VideoPad.