Hi. Seems odd that you cannot change the "Pause" and "Transition" timings from the same place as the "Animation" settings once you single-click on the item in the bottom strip. Surely it would make sense to have all 3 together?
Bruce, we only had animate time available on the v2 timeline as well. We have tried to find a balance between easy one click access to the popular stuff and not loosing too much of the screen to the quick menu. We did have a larger pop-up menu originally but the beta feedback for v3 was generally along the lines that it took over too much of the page and that it should be stripped back to a few essentials.