Pixie Dust is an effect. Enable it, then preview in the effects window. Adjust the sliders for the desired presentation.
To somewhat complicate matters, each time a specific release is installed (no need to re-download), there can be feature and subtle operational differences. In other words, Pixie Dust may not appear on a subsequent install, or other enhancements may. It's a marketing thing.
Unlike some other software that has gone strictly subscription or where a fee is extracted to update a yearly release, with a patch or two along the way, VP is under constant development right up front. The latest can always be test driven as registered if no more than six-months have elapsed since purchase. After that period, the 'pro' versions will be an unlicensed trial. Retain your installer and registration.
So it will take some hunting on your part to discover what's been added or changed. A treasure hunt...😅