You can create two types of copied
audio clips: reference copies that share source files and unique
copies that have independent source files. The type of copy you choose
depends upon the amount of available disk space and the nature of destructive
editing you plan to perform in the Waveform Editor.
Reference
copies consume no additional disk space, letting you simultaneously edit
all instances by editing the original source file. (For example,
you can add the Flanger effect to a source file in the Waveform
Editor and automatically apply the effect to all 30 referenced copies
in a session.)
Unique copies have a separate audio file on
disk, allowing for separate editing of each version in the Waveform
Editor. (For example, you can add destructive effects to the version
in an introduction while leaving the version in a verse dry.)