I just upgraded from version 3.7 or so to the latest version, and I'm happy with it so far.
The Video Effects window has changed a little though, and correct me if I'm wrong, but is there supposed to be a preview in this blank space on the right in the below image?

No matter which video clip or image I select, if I go into Video Effects this area on the right is always blank. I'm 99% sure it's supposed to be a preview, like in previous versions. Is this a bug? Or is this space meant for something else?