I think of it as finished software. It’s the MS Paint or Notepad for sound. No development necessary.

The only reason I’ve used it is because Adobe bought CoolEdit and started “developing” it, a.k.a.: Turned it into paid bloatware and changed the name to Audition. So, I found Audacity which is free, small, to the point and quick to use.

If you do need more features you’d probably be better off switching to something else in the first place.