I just installed the recommended updates to CS6 (on October 13th) that contain an update to Dynamic Link. I've been using Premiere Pro CS6 since launch and the "Edit Clip in Adobe Audition" was always available when using the context menu (right click). This new update broke that feature. "Edit Clip in Adobe Audition" is now greyed out. A .png of the issue is enclosed. Was this Dynamic Link update not tested in the wild?
Thanks everyone for whatever help you can give! I should probably report it in the bug list as well.
Steve