YOu might want to look at the sonar sequencing program from cakewalk. I think version 4 or 5 came with a bunch of really nice vst plug ins. Version 5 or 6 or both have a convultion reverb which is fantastic. (if it's modeled after the reverb in gigastudio)I wouldn't get it without making sure they work together.
i have many misgivings about Edius 2/3/4 but colour correction isn't one of them. the built in options work well. color correction, color wheel, yuv curve.
e4 includes the Bias SoundSoap VSP that i have found fairly useful as a denoiser. i am working with historic speaches/footage at times from the 1910s.
Yeah, there's a lot more than just white balance in white balance. black, gray, etc. I am finding interesting looks just by playing with the sliders in there, and using color picker, etc.
Jason
The Color Correction tool in Edius is very powerful, but the documentation for it blows. The fact that it isn't very accessible without a comprehensive tutorial probably leads people to think that it is not sufficient for their needs.