This is Vegas so there's more than one way to do what you want.
The easiest is to to enable Auto Ripple by clicking on the toolbar icon and dragging event E (what Vegas calls a segment or a clip) to the left. This will bring everything else along with it. Make sure that you have the appropriate option (Affected Tracks, Affected Tracks, Bus Tracks, Markers, and Regions, or All Tracks, Markers, and Regions) selected in the crop down box next to this tool. Be sure to disable this option immediately after rippling ot it may mess you up without you realizing it. Been there, done that :)
This can also be done with keyboard shortcuts. F, Ctrl+F and Ctrl+Shift+F are the appropriate commands.
The online help menu goes into this in greater detail so I suggest looking at it for clarification.
Not sure how this is an improvement over selecting an area, right click, delete selected time.
Are Sony make meeting on how to make things less intuitive ?
Like the "right click: split", where is that now ? That was super easy and awesome !
Adding more click and cryptic non-self-explanatory icons that require to be activated and de-activated every time you use them is not very helpful.
On the other hand I'm a big fan of Keyboard shortcut... but you have to find them first, and if the shortcut is in no menu, it's as obvious and intuitive as an Easter egg...
Ps.: Big fan of Vegas here, just not sure I understand some changes made since the previous version... When you go thought all context menus and file bar menu and don't find what you need... something is wrong :-S ( like this )
What's wrong with Mike's Post-Edit Ripple suggestion then?
("can also be done with keyboard shortcuts. F, Ctrl+F and Ctrl+Shift+F are the appropriate commands.")
And split with S, how can that be difficult?
These are in the menus too.