Prior to Media Composer Version 6, the software included both Workspaces and Toolsets. They accomplished the same thing, but were set up by the user in different ways. In version 6, the old Workspaces feature and the Toolsets feature were essentially combined and simply named as Workspaces. With that out of the way, let's discuss what they are.
Workspaces are a task-focused feature which you create so that, with just a visit to a menu or a quick push of a button you can instantly reveal the tools and windows you need for a particular type of work. For example, you go to Windows | Workspaces | Audio Editing. After selecting Audio Editing, your Source/Record window instantly reduces in size, the timeline expands taller, the Audio Tool opens, the Audio Mixer opens, and the Audio Suite opens. Not only do these windows change size and the tools open, but they are then placed on your screen(s) exactly where you like them. Again, this all happens because you set it up that...