Don't forget to up-vote the question or answer if you find it helpful! If it's your own question and you're very happy with an answer you can accept it as best answer.
I'm sure you've noticed, but I've been doing a bit of video editing at my work -- video in Vegas Movie Studio, then audio in Reaper -- and last week I imported my WAVs from Vegas into Reaper and saw those beautiful red marker lines.
I immediately knew what they were -- I'd been using makers like crazy in Vegas -- and they've made everything SOO much easier. It's really nice to be able to edit dialogue without having the video open (it saves me a bit of RAM), and to just know where I'm at.
In any case, I didn't want to ask a question so much as elate how much I now love BWFs.
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What does the Badminton World Federation have anything to do with sound design?? ok lame joke... But yeah, super convenient. I'm also really liking Reaper as an alternative DAW to Logic Pro. I just recently started learning about BWF files myself, haven't come across a specific instance where I needed to use them, but at any rate, I figure it's good to know about them.
BWF WAVS do rock. Yes, they work in Pro Tools as well. I enjoy dropping markers in files on my 702t when recording sound effects and keeping a written log for faster editing later.
Be careful using .wav files in Final Cut Pro though. May sound dumb, but I and others have experienced serious freezes and other issues related to .wav files in Final Cut Pro. I always convert all of my files to .aif before importing them into Final Cut.